News for 'automotive-assistance-programme'

JLR ties up 3-year financing for inventory

JLR ties up 3-year financing for inventory

Rediff.com11 Aug 2009

The package consists of a three-year committed facility to finance Land Rover's parts and accessories' inventories and receivables in the UK and the US. This is an important element of JLR's working capital financing to cover the key Land Rover parts and accessories' inventories and receivables part of our business, which has a high cash requirement, to function properly.