As a follow up to a previous post on the Tata Nano, Tata Motors has had it's S&P bond rating downgraded from BB- to B+. Seems they're struggling to pay an existing bridge loan used for the purchase of Jaguar and Land Rover from Ford.
The full article is located here. Hat tip to the Detroit News.
Showing posts with label tata motors. Show all posts
Showing posts with label tata motors. Show all posts
Thursday, March 26, 2009
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