Brexit impact: Jaguar Land Rover to cut 4,500 jobs worldwide
6 years ago

Brexit impact: Jaguar Land Rover to cut 4,500 jobs worldwide

Live Mint  

London: Jaguar Land Rover Plc, owned by India’s Tata Motors Ltd, plans to eliminate 4,500 jobs worldwide, as the UK’s biggest automobile maker responds to the sales slowdown caused by Brexit, flagging demand for diesel-powered vehicles and a downturn in China. “We are taking decisive action to help deliver long-term growth, in the face of multiple geopolitical and regulatory disruptions as well as technology challenges facing the automotive industry,” JLR chief executive officer Ralf Speth said in the statement. The measures are aimed at “safeguarding our future and ensuring that we maximize the opportunities created by growing demand for autonomous, connected, electric and shared technologies.” The JLR job cuts come on the same day that Ford Motor Co. said it would cut thousands of jobs in Europe as it tries to turn around a region that’s been a drag on earnings for years. Jaguar sales increased by 4.2% in 2018, while Land Rover registrations dropped by 5.7%, according to the Society for Motor Manufacturers and Traders industry group.

Brexit Jaguar Land Rover Jlr  rover  jaguar  brexit  sales  2018  impact  motor  cut  jobs  jlr  4500  worldwide  land  production  demand  company

History of this topic

First glimpse of Jaguar's make-or-break £100k electric car as British firm gears up for EV-only rebrand in 2026
1 month, 3 weeks ago

First glimpse of Jaguar's make-or-break £100k electric car as British firm gears up for EV-only rebrand in 2026

Daily Mail  

Jaguar has provided a first glimpse of what it's all-electric future will look like from 2026. Ahead of that announcement, it has revealed first images of the battery model that will spearhead its zero-emission ambitions The electric GT is part of Jaguar's 'Reimagine' strategy to make it a fully electric and more upmarket luxury performance brand – but it is …

Jaguar Land Rover says aluminium shortages dragging on profits
2 months ago

Jaguar Land Rover says aluminium shortages dragging on profits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jaguar Land Rover has said …

Jaguar Land Rover doubles its investment in EV 'factory of the future' on Merseyside
3 months, 2 weeks ago

Jaguar Land Rover doubles its investment in EV 'factory of the future' on Merseyside

Daily Mail  

Jaguar Land Rover is doubling its investment in a 'factory of the future' on Merseyside to build electric vehicles. JLR, owned by the Indian conglomerate Tata Group, aims to electrify all its car brands by 2030, and last month said it would invest £18billion over five years to upgrade its factories to produce EVs. Investment: Jaguar Land Rover will plough …

Jaguar Land Rover India retail sales rise 31% at 1,371 units in Q1
6 months ago

Jaguar Land Rover India retail sales rise 31% at 1,371 units in Q1

Hindustan Times  

Jaguar Land Rover India on Wednesday said its retail sales increased 31 per cent year-on-year to 1,371 units for the first quarter ended June 30, 2024. Sales of both Defender and Range Rover Evoque grew by more than 50 per cent with Defender being the highest-selling model in the portfolio, the company part of Tata Motors said in a statement. …

Jaguar Land Rover rakes in biggest profit since 2020
1 year, 5 months ago

Jaguar Land Rover rakes in biggest profit since 2020

Daily Mail  

Jaguar Land Rover hailed its owner Tata's £4billion gigafactory investment as a 'crucial' development for the car industry. JLR, Britain's biggest car company, also reported its best quarterly profit since 2020. JLR delivered its best profit haul since the three months to the end of 2020 The results came after Indian giant Tata Group last week chose Somerset ahead of …

India’s Tata set to bring 4,000 jobs to the UK with £4 billion battery plant
1 year, 5 months ago

India’s Tata set to bring 4,000 jobs to the UK with £4 billion battery plant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Indian owner of Jaguar …

UK to add 9,000 jobs as Jaguar Land Rover builds electric battery ‘gigafactory’
1 year, 5 months ago

UK to add 9,000 jobs as Jaguar Land Rover builds electric battery ‘gigafactory’

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jaguar Land Rover is expected to announce plans to build …

Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry
1 year, 5 months ago

Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry

Daily Mail  

Tata's site in Somerset set to be UK's second battery plant at gigafactory scale Britain has triumphed in the race to build a flagship battery plant for the owner of carmaker Jaguar Land Rover. Britain is poised to triumph in the race to build a flagship battery plant for the owner of carmaker Jaguar Land Rover Rishi Sunak's government has …

Jaguar Land Rover plans annual investment of £3 billion by FY26
1 year, 6 months ago

Jaguar Land Rover plans annual investment of £3 billion by FY26

The Hindu  

Tata Motors' owned Jaguar Land Rover plans an annual investment of £3 billion while targeting a revenue of more than £30 billion by FY26, according to an investor presentation by the company. Jaguar Land Rover, which makes SUVs such as Range Rover, Defender and Discovery under the Land Rover brand and Jaguar luxury cars, expects to have revenue of more …

Jaguar’s evolution into all-electric brand on track; new model launches slated for 2025: Jaguar Land Rover chairman Chandrasekaran
1 year, 7 months ago

Jaguar’s evolution into all-electric brand on track; new model launches slated for 2025: Jaguar Land Rover chairman Chandrasekaran

The Hindu  

The transformation of Jaguar into an all-electric luxury brand is on track with first new vehicles to be launched in 2025, according to Jaguar Land Rover chairman N. Chandrasekaran. Chandrasekaran noted that the company's efforts to address the supply-chain challenges have started to yield results, enabling it to increase production of the new Range Rover, Range Rover Sport, and Defender …

Jaguar Land Rover owner set to pick UK for EV battery plant
1 year, 7 months ago

Jaguar Land Rover owner set to pick UK for EV battery plant

Daily Mail  

Jaguar Land Rover owner Tata Motors is gearing up to select Britain for a multi-billion pound electric car battery plant, claiming the Indian firm would choose it over Spain. Such an investment would also give a boost to the British car industry, days after major automakers including Vauxhall owner Stellantis and Ford warned that looming post-Brexit trade rules risked making …

Tata Group leans toward UK over Spain for battery plant: Report
1 year, 7 months ago

Tata Group leans toward UK over Spain for battery plant: Report

Live Mint  

Britain is close to winning a major battery plant for electric vehicles as Tata Group, the parent company of Jaguar Land Rover, leans toward choosing it over Spain. The plant — to be based in Somerset, England — would make batteries for Jaguar Land Rover’s planned range of fully electric models that are due from 2024. Stellantis NV, which is …

Jaguar Land Rover back in the black as boss longs for tax cuts
1 year, 7 months ago

Jaguar Land Rover back in the black as boss longs for tax cuts

Daily Mail  

Decision time: Tata's gigafactory will make batteries for JLR vehicles Jaguar Land Rover's boss yesterday said it would be 'lovely' to see corporation tax fall to zero – as its parent company considers where to build a gigafactory. The car maker's chief executive Adrian Mardell said a decision by Indian group Tata on whether to site the battery plant in …

Jaguar Land Rover to plough £15bn into electric car plants
1 year, 8 months ago

Jaguar Land Rover to plough £15bn into electric car plants

The Telegraph  

Jaguar Land Rover has promised to spend £15bn on re-tooling its factories in Britain for electric vehicles, despite uncertainty about battery supply. The British car manufacturer said it would be rebranding itself as simply JLR as part of a major overhaul announced on Wednesday. Despite truncating the iconic Land Rover in its name, chief commercial officer Lennard Hoornik insisted the …

Jaguar Land Rover owner demands subsidy for its steel plants in return for gigafactory deal
1 year, 10 months ago

Jaguar Land Rover owner demands subsidy for its steel plants in return for gigafactory deal

The Telegraph  

Jaguar Land Rover owner Tata has tied the construction of a gigafactory in the UK to a Government bailout of its ageing steel mill in Port Talbot, leaving the battery factory project in doubt. A Whitehall source told the Telegraph that Tata has insisted it will not commit to building a UK battery factory to support electric car production until …

Jaguar Land Rover sees Q3 free cash flow above $485 million
2 years ago

Jaguar Land Rover sees Q3 free cash flow above $485 million

Live Mint  

Jaguar Land Rover on Monday forecast free cash flow for the third quarter at more than 400 million pounds, after reporting a 15% rise in wholesale volumes for the period on strong demand and improved chip supply. The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal …

Jaguar Land Rover suspends sales to Russia
2 years, 10 months ago

Jaguar Land Rover suspends sales to Russia

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Vehicle manufacturer Jaguar Land Rover …

Jaguar announces move to all-electric vehicles by 2025
3 years, 10 months ago

Jaguar announces move to all-electric vehicles by 2025

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chief executive Thierry Bollore, who took over the role last year, said the firm is “exploring opportunities to repurpose” …

Jaguar will be an pure-electric luxury car brand from 2025
3 years, 10 months ago

Jaguar will be an pure-electric luxury car brand from 2025

Daily Mail  

Jaguar Land Rover bosses have outlined the car maker's future plans, including the intention for Jaguar to be an 'all-electric luxury brand' to rival Tesla from 2025. Jaguar to be a direct Tesla rival from 2025: The British marque will be an all-electric car maker in 2025 as part of the UK's biggest car maker's wider plans to shift to …

JLR records 3-year high in China with December sales
3 years, 11 months ago

JLR records 3-year high in China with December sales

China Daily  

Jaguar Land Rover showcases the limited-run Range Rover Fifty at the 2020 Beijing auto show. Jaguar Land Rover sold nearly 13,000 vehicles in China in December 2020, setting a sales record high for almost three years, said the British premium carmaker on Monday. Jaguar Land Rover said its product range was the major driving force. "We now look forward to …

Jaguar-Land Rover India Hopeful Yet Guarded About Festive Season Response After Gradual Recovery
4 years, 2 months ago

Jaguar-Land Rover India Hopeful Yet Guarded About Festive Season Response After Gradual Recovery

News 18  

After witnessing a gradual recovery in sales, Jaguar Land Rover India is hopeful yet guarded about the festive season response. In a conversation with IANS, the company’s President and MD Rohit Suri said that a gradual recovery was triggered in Q2FY21. So far, under the Land Rover brand the company had the Discovery product range and Range Rover product pillar …

Chinese sales drive JLR's global recovery in Q3
4 years, 2 months ago

Chinese sales drive JLR's global recovery in Q3

China Daily  

Jaguar Land Rover showcases the limited-run Range Rover Fifty at the 2020 Beijing auto show. Jaguar Land Rover's sales are continuing to rebound globally, with China as one of the most important driving forces. Among others, Range Rover vehicle sales went up 30 percent compared with the same quarter last year. Richard Shore, president of Jaguar Land Rover Integrated Marketing, …

Jaguar Land Rover Opens New Showroom in Lucknow, Announces New Retail Partner
4 years, 5 months ago

Jaguar Land Rover Opens New Showroom in Lucknow, Announces New Retail Partner

News 18  

Jaguar Land Rover India has announced the appointment of JSV Motors as its new Retailer Partner in Lucknow, with Jatin Varma as its Director. JSV Motors has started operating from the fully integrated 3S facility at Amar Shaheed Path, near the airport area of Lucknow. Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd, said: “We are pleased …

Tata Motors seeing beginnings of a recovery of JLR sales in China
4 years, 6 months ago

Tata Motors seeing beginnings of a recovery of JLR sales in China

Live Mint  

Jaguar Land Rover’s Indian owner is seeing the beginnings of a recovery in China sales after the world’s second largest economy gradually opened for business following months of inactivity to check the spread of the coronavirus pandemic. Tata Motors is “nothing” without its luxury unit as it generates as much as 74% of its revenue by selling Jaguar and Land …

Coronavirus Outbreak: Tata Motors' JLR rolls out first Range Rover made under social distancing measures
4 years, 7 months ago

Coronavirus Outbreak: Tata Motors' JLR rolls out first Range Rover made under social distancing measures

Firstpost  

The first Range Rover made under new social distancing measures in place to combat coronavirus drove off the production line at the Tata Motors’ owned Jaguar Land Rover’s manufacturing plant in Solihull in the West Midlands region of England on Wednesday, following a recent temporary pause in production due to the pandemic London: The first Range Rover made under new …

Tata-owned JLR suspends production
4 years, 9 months ago

Tata-owned JLR suspends production

Hindustan Times  

The Tata-owned Jaguar Land Rover on Friday confirmed that it is temporarily suspending production at its manufacturing facilities in the United Kingdom over the course of next week due to the coronavirus pandemic. A Jaguar Land Rover is among several companies that have halted or are in the process of suspending operations. “As a responsible business, Jaguar Land Rover is …

Jaguar Land Rover is flying parts out of China in effort keep its European factories open
4 years, 10 months ago

Jaguar Land Rover is flying parts out of China in effort keep its European factories open

CNN  

New York CNN Business — Jaguar Land Rover is flying auto parts made in China to its European factories instead of relying on slow-moving cargo ships, as the coronavirus outbreak puts a dent in its supply chain. However he said it’s still not clear if its Chinese suppliers will all be able to ship the parts that Jaguar Land Rover …

Brexit could cut the UK car industry in half
5 years, 1 month ago

Brexit could cut the UK car industry in half

CNN  

London CNN Business — UK auto production is already plummeting and Brexit could make things even worse, limiting annual output to just 1 million cars, about half what the industry was planning to make in 2020 just a few years ago. “Yet another month of falling car production makes these extremely worrying times for the sector,” SMMT chief executive Mike …

Investors hurriedly bought Tata Motors shares after news of Brexit deal
5 years, 2 months ago

Investors hurriedly bought Tata Motors shares after news of Brexit deal

India TV News  

Investors hurriedly bought Tata Motors shares on Thursday after the news of Britain and the EU reaching a new Brexit deal reached Dalal Street. According to reports, a Brexit deal has been agreed between UK and EU negotiating teams before a meeting of European leaders in Brussels, post which the benchmark Sensex closed 453 points higher while Tata Motors jumped …

Jaguar Land Rover’s global sales down 0.7% in July-September
5 years, 3 months ago

Jaguar Land Rover’s global sales down 0.7% in July-September

Live Mint  

New Delhi: Automobile major Jaguar Land Rover recorded a 0.7% decline in global sales at 1,28,953 units during the July-September quarter, compared on a year-on-year basis. In a regulatory filing, Tata Motors said Jaguar retail sales for the quarter were 37,323 vehicles, down 11% year-on-year and Land Rover retail sales were 91,630 vehicles, up 4.2% year-on-year. However, in a sign …

Jaguar Land Rover to stop output at UK factories for a week due to Brexit
5 years, 3 months ago

Jaguar Land Rover to stop output at UK factories for a week due to Brexit

Live Mint  

Gaydon, England: Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit. Chief Executive Ralf Speth said the firm had to make plans now, including a stop to production at its …

Tata’s JLR unveils new Land Rover Defender at Frankfurt auto show
5 years, 4 months ago

Tata’s JLR unveils new Land Rover Defender at Frankfurt auto show

Live Mint  

London: One of the hottest launches at the Frankfurt auto show wasn’t a million-dollar supercar or mass-market bestseller but an updated version of a boxy, no-frills favorite of farmers, explorers and the military. The new Land Rover Defender, which traces its heritage back almost to World War II, was unveiled Tuesday, three years after stricter emissions and safety standards consigned …

Jaguar Land Rover gets £500 million guarantee from UK
5 years, 5 months ago

Jaguar Land Rover gets £500 million guarantee from UK

Hindustan Times  

Tata-owned Jaguar Land Rover, which earlier this month announced a new range of electrified vehicles, has been extended a £500 million guarantee by the UK government to support the company’s design and manufacture of the range and its export activities. The UK has made a major commitment through its £274 million investment in the Faraday Battery Challenge and earlier investments …

Jaguar Land Rover boosts a UK car industry rattled by Brexit
5 years, 6 months ago

Jaguar Land Rover boosts a UK car industry rattled by Brexit

CNN  

London CNN Business — Jaguar Land Rover is planning to make a new range of electric vehicles in Britain, a rare investment in an auto manufacturing industry that’s been slammed by uncertainty over Brexit. The United Kingdom’s largest carmaker said Friday that its flagship luxury sedan, the XJ, would be the first electric model built at a plant near Birmingham. …

Tata denies it is selling Jaguar Land Rover to Peugeot owner PSA
5 years, 8 months ago

Tata denies it is selling Jaguar Land Rover to Peugeot owner PSA

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Indian conglomerate Tata has denied …

Jaguar Land Rover will build its iconic Defender in Slovakia, not the UK
5 years, 8 months ago

Jaguar Land Rover will build its iconic Defender in Slovakia, not the UK

CNN  

London CNN Business — Jaguar Land Rover will build the next generation of its Defender in Slovakia, adding to worries over the future of the British car industry. The automaker, which owned by India’s Tata Motors, confirmed this week that production of the iconic Defender will resume at a plant in Slovakia that opened in October 2018. Jaguar Land Rover, …

Jaguar Land Rover begins Brexit-linked UK plant shutdowns
5 years, 9 months ago

Jaguar Land Rover begins Brexit-linked UK plant shutdowns

Live Mint  

London: Jaguar Land Rover shut its UK plants on Monday for five days over Brexit, adding to other shutdowns to leave at least half the country's car production off-line in what could be a pivotal week for Britain's divorce from the EU. With Britain's political leaders still deadlocked over Brexit and some EU states questioning a further departure delay, culture …

Jaguar Land Rover India to launch hybrid vehicles towards the end of 2019
5 years, 9 months ago

Jaguar Land Rover India to launch hybrid vehicles towards the end of 2019

India Today  

Jaguar Land Rover India today announced that the company will launch hybrid vehicles in India towards the end of 2019. Starting from 2019, Jaguar Land Rover India will offer multiple products, ranging from hybrid vehicles to battery electric vehicles, over the next few years. Jaguar I-PACE While Jaguar Land Rover India will introduce hybrid vehicles from its Land Rover product …

The small UK car companies bucking the Brexit backlash
5 years, 9 months ago

The small UK car companies bucking the Brexit backlash

Daily Mail  

Britain's vehicle manufacturing industry is feeling the weight of Brexit on its shoulders. Blossoming despite Brexit: We've listed 8 smaller British car makers - including David Brown Automotive, based in Silverstone - that are growing despite the difficult climate and decisions from giant brands to reduce their operations in the UK or pull the plug on vehicle-making factories entirely This …

Jaguar Land Rover India to raise prices of select products by up to 4 per cent from April 1
5 years, 9 months ago

Jaguar Land Rover India to raise prices of select products by up to 4 per cent from April 1

India Today  

Jaguar Land Rover India today announced that it will increase prices of select products by up to 4 per cent from April 1, 2019. According to Jaguar Land Rover India, the reason behind the increase in prices is "purely inflationary". -- Discovery Sport - Rs 44.68 lakh -- Range Rover Evoque - Rs 52.06 lakh -- All-New Discovery - Rs …

Tata is said to explore options for struggling Jaguar Land Rover
5 years, 10 months ago

Tata is said to explore options for struggling Jaguar Land Rover

Live Mint  

Tata Group, India’s biggest conglomerate, is exploring strategic options for its Jaguar Land Rover Automotive Plc unit including a potential stake sale in the struggling luxury carmaker, people familiar with the matter said. The Indian conglomerate’s Mumbai-listed automotive arm, Tata Motors Ltd., currently owns 100 percent of Jaguar Land Rover. Jaguar Land Rover has hit several roadblocks in the past …

Jaguar Land Rover considers financing options after shock writedown
5 years, 11 months ago

Jaguar Land Rover considers financing options after shock writedown

Live Mint  

London: Jaguar Land Rover, reeling from a $4 billion writedown, a slump in China sales and uncertainty around Brexit, said conditions aren’t right for it to borrow from the bond market and that it’s seeking alternative funding. To support its needs, JLR could increase a receivables facility or turn to other bank financing, with further options including leasing assets and …

Nissan cites Brexit ‘uncertainty’ as it scraps plans to build model in Britain
5 years, 11 months ago

Nissan cites Brexit ‘uncertainty’ as it scraps plans to build model in Britain

CNN  

London CNN — Japanese car manufacturer Nissan has confirmed it is scrapping plans to build a new model in the English city of Sunderland, citing uncertainty over Brexit and further highlighting employers’ fears of a no-deal departure by the UK from the European Union. The company had said in 2016 that it would produce the new X-Trail model at its …

Jaguar Land Rover to halt production for a week in April due to Brexit disruption
5 years, 11 months ago

Jaguar Land Rover to halt production for a week in April due to Brexit disruption

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Jaguar Land Rover announces 4,500 job losses, starting in Britain
6 years ago

Jaguar Land Rover announces 4,500 job losses, starting in Britain

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

JLR car sales dip 4.6% in 2018 on China woes
6 years ago

JLR car sales dip 4.6% in 2018 on China woes

Live Mint  

New Delhi: Tata Motors Ltd’s UK subsidiary Jaguar Land Rover Plc on Thursday reported a 4.6% fall in global car sales to 5,92,708 units in 2018 hit by tough market conditions in China. Jaguar sales in 2018 stood at 180,833 units, a growth of 1.2% over 2017 sales while Land Rover’s declined 6.9% in 2018 to 4,11,875 units. The data …

Ford Cutting Jobs In Europe, Moving Away From Less Profitable Vehicles
6 years ago

Ford Cutting Jobs In Europe, Moving Away From Less Profitable Vehicles

NPR  

Ford Cutting Jobs In Europe, Moving Away From Less Profitable Vehicles Enlarge this image toggle caption Patrik Stollarz/AFP/Getty Images Patrik Stollarz/AFP/Getty Images Ford Motor Co. is cutting jobs in Europe and backing away from less profitable models as part of a major restructuring effort, the company announced Thursday. Tim Urquhart, a principal automotive analyst at IHS Markit, says Ford has …

Ford Europe: Thousands of jobs to be cut in overhaul
6 years ago

Ford Europe: Thousands of jobs to be cut in overhaul

CNN  

London CNN Business — Ford is cutting thousands of jobs, ending production of some models and closing a plant in Europe ahead of a possible alliance with market leader Volkswagen. “We are taking decisive action to transform the Ford business in Europe,” Steven Armstrong, Ford’s president for Europe, Middle East and Africa, said in a statement. Analysts have speculated that …

Jaguar Land Rover is slashing 4,500 jobs
6 years ago

Jaguar Land Rover is slashing 4,500 jobs

CNN  

New Delhi CNN Business — Britain’s biggest carmaker is cutting thousands more jobs. Jaguar Land Rover will reduce its global workforce by 4,500 as part of a plan to cut costs by £2.5 billion, it announced Thursday. “We are taking decisive action to help deliver long-term growth, in the face of multiple geopolitical and regulatory disruptions as well as technology …

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