Tata bought the British-based luxury car maker earlier this year . Last week , the ailing `` big three '' automakers in the U.S. were given a boost when the Bush administration agreed a $ 13.4 billion loan package . The company has been struggling to compete with rivals such as Jaguar Land Rover and Aston Martin in India for years, which is why it decided to sell its stake in a deal that valued Tata's JLR employs around 15,000 workers in Britain .
Tata bought the British-based luxury car maker earlier this year . The company has been struggling to compete with rivals such as Jaguar Land Rover and Aston Martin in India for years, which is why it decided to sell its stake in a deal that valued Tata's JLR employs around 15,000 workers in Britain .