Now this is getting strange. The British are going to bail out Jaguar and Land Rover AKA Tata. The jobs stay in the UK but the profits go to India. Could this happen here? Imagine Federal bailouts of Toyota, Nissan and BMW to keep the factories in the US. Would UAW types in Michigan fight this?
http://www.dailymail.co.uk/news/article-1097021/As-car-production-slumps-Mandy-gets-set-spend-1bn-taxpayers-cash-rescue-Jaguar.html
Didn't they do that once long time ago and it didn't work?
Yep. It's British Leyland with an Indian Accent.
I thought there was a British auto industry bailout back in the 70s. Their industry completely bailed out of the US market.
Can they include a requirement that Tata produce the F-Type within 3 years if they take the money? Please?
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