At a glance the economic climate looks worrying as unemployment rises and the UK economy moves further back into recession. Aside from the UK’s problems, many of the euro countries as still stuck in a ‘debt trap’ despite recent restructuring and bailouts; signalling that the European Sovereign debt crisis could worsen in the coming periods. Despite this uneasy backdrop,…
Ford Motor Co. might look in its rear-view mirror and grimace. Four years ago, the U.S. company sold off its Jaguar Land Rover unit to Tata Motors Ltd. amid winks and snickers in the industry that an Indian company best known for producing heavy trucks and the world’s cheapest car could hardly make a success…
With booming sales, China will soon overtake North America to become the second largest market for luxury carmaker Jaguar Land Rover (JLR) after Britain, the company’s top executive predicted on Friday. JLR Chief Executive Officer Ralf Speth told Xinhua that the company will increase investment in China to expand its sales network in the country…