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The U.S. and Canadian governments received a 72.5% ownership stake, a VEBA received 17.5%, and the unsecured creditors received 10%. As part of the bailout GM and Chrysler closed numerous production plants and eliminated hundreds of dealerships and thousands of jobs. They also required a number of major labor union concessions. [55]
In September 2017, Jaguar Land Rover announced that all new Jaguar and Land Rover models launched from the 2020 model year will have an all-electric or hybrid powertrain option. [73] In October 2017, JLR announced that its electrification programme will start with the Range Rover Sport P400e for the 2018 model year, a plug-in hybrid model due ...
JLR builds Land Rovers in Brazil, China, India, Slovakia, and the United Kingdom. The Land Rover name was created in 1948 by the Rover Company for a utilitarian 4WD off-road vehicle. Currently, the Land Rover range consists solely of upmarket and luxury sport utility vehicles. Land Rover was granted a Royal Warrant by King George VI in 1951.
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Rover also manufactured the Land Rover series from 1948 onwards, and created the Range Rover in 1970, which went on to become its most successful and profitable product. Land Rover eventually became a separate company and brand in its own right. Rover was bought by Leyland Motors in 1967, which had already acquired Standard-Triumph seven years ...
Land Rover Solihull Assembly: Solihull, West Midlands: England, UK: Sold (2008) Land Rover Defender Land Rover Discovery Land Rover Freelander Land Rover LR3 Land Rover LR4 Land Rover Range Rover Land Rover Range Rover Sport: Sold to Tata Motors in 2008 as part of sale of Jaguar Land Rover. C (EU) Langley Assembly: Langley, Slough: England, UK ...