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REPORT: Aston Martin in jeopardy as parent company Investment Dar in financial turmoiThis is a discussion on REPORT: Aston Martin in jeopardy as parent company Investment Dar in financial turmoi within the Aston Martin forums, part of the More European Cars category; Originally Posted by bmer Tata is having their fair share of problems with JLR already so I doubt they are ... |
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09-29-2009, 11:13 PM
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| Enthusiast  Join Date: Oct 2007
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Yes, The Tata Group is having its fair share of problems. Their acquisition of Jaguar-Land Rover, and Corus steel were all made at the peak of the market funded with a lot of debt. Tata will continue to have to make cutbacks as sales revenue remain weak and debt servicing and refinancing costs increase. | |
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