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Tata may have to invest $1billion in Land Rover and Jaguar

tata_jaguar_land_rover_logo_main_555.jpg

It looks like the Land Rover/Jaguar acquisition is going to cost Tata a pretty penny; make that $100 billion pennies (or $1 billion dollars). That's what the latest reports are suggesting--and that's after buying the two brands for $2.3 billion.

Ouch.

Full story here.

Categories: ,,,,

2 Comments

ctpax says:

05:59 PM, 12/23/08

good luck with that.

estreka says:

04:42 AM, 12/24/08

One hundred billion dollar pennies?

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