Talks held over ailing British van maker LDV

Newswire

By Keith Weir LONDON, Feb 24 (Reuters) - The management of ailing British vanmaker LDV said on Tuesday it believed the company could survive after the British government turned dowm a request for a short-term loan of up to 30 million pounds ($43.7 million). LDV, owned by Russian carmaker GAZ, has said it is running out of money after it suspended production in December. About 850 jobs at LDV's factory in Birmingham, central England, are at risk, as well as 1,200 jobs in its dealer ...

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