I’m not sure what this says about Tata Motors, but Fiat has agreed to take on the management of auto financing for Jaguar and Land Rover in Europe. Fiat has a joint venture with French bank Credit Agricole. They will take on all of Jag and LR financing activities with the move completed by June 2009. Jag and LR had an agreement with Ford Motor Co. previously.
Source: Autonews.com
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