Jaguar bets on China to defray royalty payments
Reuters: Jan 26 2013, 20:20 IST
vehicles built on the so-called European D-class platform and eligible for the payments to Ford if made outside the UK.
“It’s a question of how much Jaguar Land Rover will have to pay in royalties to see how it will affect profitability,” said Juergen Maier, a fund manager in Vienna at Raiffeisen Capital Management, which manages about $1.1 billion in emerging-market assets. “We will have to wait and watch to see what models they decide to make in China, and the royalties that they will have to pay Ford.”
Maruti Suzuki India (MSIL) tripled payment to parent Suzuki Motor Corp in the year ended March 31 from 2008. The company paid R1,803 crore, or 5.2% of its sales in the latest financial year.
Previous Story Quick View Next Story Honda bullish on petrol, to go local with new CR-V
Reader's Comments| Post a Comment
Be the first to comment.
