Jaguar Land Rover seeks $1 billion in funding after big write-down
Auto February 11, 2019, 0 Comment 5Jaguar Land Rover needs to raise $1 billion within 14 months to replace maturing bonds, while feeding an investment program for EVs that’s burning through cash. The automaker has been hit by a $4 billion write-down, a slump in China sales and uncertainty around Brexit.
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