Tata Motors to talk UK for car loans

In a recent move Tata Motors are now ahead to make a move in getting the car loans for their vehicles and especially from the UK government. These vehicles are Tata's Land Rover and Jaguar. Tata Motors believe that they would require a loan of around euro 1 billion, if they really want to put forward the issues of the ongoing credit crisis of the country. Further Tata Motors is also asking the federal intervention to get help from their side to support supply chains, investments in emission reduction technology and further increase consumer demands. This federal firm has plants in Solihull and Castle Bromwich. Because of the problems it is facing for the credit crises it has created a four day week for the employees and because of the very same reason it has to offer free retirements for its nearly 600 workers.
  Tata Motors has created a scheme to promote the Land Rover and Jaguar all because of the present financial crises undergoing in the nation. Now since the company sales are decreasing to a tremendous level they are therefore seriously willing to expand there business through the expensive loans they take from their banks. For the loan to get assured it has to get rights issued then only they can find the launch of its $828M. The situation if been easy for Tata Motors they would not have closed their Jamshedpur plant twice done already. Besides for the bank loan, investors and shareholders are also finding their ways to help out the Tata Group's chairman, Ratan Tata and are trying to find the way their group can meet success.