Jaguar and Land Rover Bleed; Bridge Loan Coming

Looks like Jaguar and Land Rover can’t get a break.  The two sibling brands haven’t even been under Tata’s control for two years, and yet they have a shared loss of $1.1 billion.  The recession has taken a big toll of Jag and Rover sales, though you can expect to see an uptick for the former with the new XJ.  In order to prevent another flow of unemployed, the UK treasury is pushing a heavy bridge loan to keep the operations stable.