Financial Times FT.com

Jaguar in plea for state aid

By Robert Wright

Published: November 24 2008 02:49 | Last updated: November 24 2008 02:49

A leading British carmaker has strongly backed industry efforts to win new government support for the sector, amid reports that the company could be seeking £1bn ($1.49bn).

Jaguar Land Rover (JLR), which is owned by India’s Tata Motors, said it agreed with both the UK’s Society of Motor Manufacturers and Traders and the European Automobile Manufacturers’ Association (ACEA) that government intervention in the industry was required.

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