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Economic Crisis: Jaguar raises $704.5 million from Chinese banks and Bentley lays off a quarter of its workforce

Economic Crisis: Jaguar raises $704.5 million from Chinese banks and Bentley lays off a quarter of its workforce

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The luxury car sector has not escaped the turmoil caused by the Covid-19 pandemic. Last Friday, British luxury car manufacturers Jaguar Land Rover and Bentley simultaneously announced that they would raise $704.5 million for the former and lay off a quarter of its staff for the latter. […]

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Featured photo : © Jaguar

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