Tata's Jaguar Land Rover gets 340 mln pound EU loan

BRUSSELS, March 9 (Reuters) - The European Investment Bank said on Tuesday it had agreed a 340 million pound ($510 million) loan to the Jaguar and Land Rover brands of India's Tata Motors (TAMO.BO).

The bank, the European Union's financing arm, said the loan would be used partly for work on hybrid vehicles, as well as research into reducing vehicle weight to improve energy efficiency. (Reporting by Pete Harrison, editing by Dale Hudson)