Summary
THOUSANDS of jobs in the struggling car industry were safeguarded yesterday after Jaguar was handed a pounds 1.2bn cash injection by owner Ford.
The luxury car maker, which employs 8,000 people in the UK, and with a plant in Halewood, took the cash through the sale of shares to its United States parent company Ford after another year of heavy losses.See the full content of this document
Extract
Pounds 1.2bn Investment Safeguards Jaguar Jobs
Jaguar said there was no threat to jobs and the handout "underlined ...
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