Jaguar bets on China to defray royalty payments
“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.
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