Ford injects $2.1 bln into Jaguar UK -paper

Newswire

FRANKFURT, Dec 23 (Reuters) - Ford Motor Co has injected 1.2 billion sterling ($2.08 billion) into Jaguar Cars to cover heavy losses and investment writedowns at its British luxury car subsidiary, the Financial Times reported on Friday. Jaguar was not immediately to comment on the report. It would mark the second time within two years that Ford has recapitalised Jaguar, which has battled weak sales. The paper cited regulatory disclosures as saying Jaguar made a pretax loss of 429.3 ...

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