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 it is poised to sell Jaguar Land Rover to the French owner of Peugeot. The comments did little to quell speculation that Tata is seeking to offload Jaguar Land Rover, which is struggling against declining sales, notably in China, a key market. Jaguar Land Rover employs about 40,000 people in the UK and in January announced 4,500 job cuts. “There are plenty of ways the two companies could save money by working together.” Britain’s biggest carmaker Jaguar Land Rover almost collapsed in 2009 before making a remarkable comeback under Tata’s ownership.

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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 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. …

Spotlight on decade of Jaguar Land Rover's charitable works
9 months ago

Spotlight on decade of Jaguar Land Rover's charitable works

China Daily  

The Dream-Building Corner in the Jaguar Land Rover dealership in Beijing's Sihui area. At the Jaguar Land Rover dealership in Beijing's Sihui area, a special section was set up last week. The move came as part of the 10th anniversary of the China Soong Ching Ling Foundation Jaguar Land Rover China Children &Youth Dream Fund, which was established as the …

Tata Motors hits 52-week high after 137% surge in Q3 profits reported
11 months ago

Tata Motors hits 52-week high after 137% surge in Q3 profits reported

Hindustan Times  

Shares of Tata Motors, India's most valuable carmaker, hit a record high on Monday, rising as much as 7.2%, after it reported a more than two-fold increase in third-quarter profit, driven by strong sales in its British luxury car unit, Jaguar Land Rover. Despite global demand being a concern, with JLR's strong order book, Tata Motors is on track to …

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 …

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 will transform into all-electric luxury brand says Chandrasekaran
1 year, 7 months ago

Jaguar will transform into all-electric luxury brand says Chandrasekaran

Live Mint  

Jaguar Land Rover Chairman N Chandrasekaran has said that the company is on track to transform itself into an all-electric luxury brand and the first new cars will arrive in 2025. JLR Interim CEO Adrian Mardell said that the British automaker will start making pure-electric versions of its popular models like Range Rover, Defender and Discovery collections. To this end, …

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 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 …

Rajan Amba Appointed as New Managing Director of Jaguar Land Rover India
1 year, 10 months ago

Rajan Amba Appointed as New Managing Director of Jaguar Land Rover India

News 18  

Jaguar Land Rover has announced the appointment of Rajan Amba as the new Managing Director of JLR India. Rajan is presently the Vice-President of Sales, Marketing and Customer Care at Tata Motors Passenger Vehicles. Martin Limpert, Regional Director, Overseas, Jaguar Land Rover said, “Rajan’s customer-centric mindset, broad experiences from different industries, and his passionate and authentic leadership approach, bring the …

Rohit Suri to retire as President and MD at Jaguar Land Rover, effective 31 Mar
1 year, 11 months ago

Rohit Suri to retire as President and MD at Jaguar Land Rover, effective 31 Mar

Live Mint  

Luxury car and sports vehicles producer, Jaguar Land Rover on Thursday announced the retirement of Rohit Suri as its President and Managing Director of India's business. Jaguar Land Rover Overseas Regional Director Martin Limpert said Suri led from the front and played a key role in establishing the marquee brand in India with a strong focus on customer centricity and …

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 …

JLR puts Tata Motors in slow lane
2 years, 2 months ago

JLR puts Tata Motors in slow lane

Live Mint  

A slower-than-expected volume ramp up in Jaguar Land Rover Automotive PLC, Tata Motors Ltd’s UK-based subsidiary, is a damper for investors in the company’s shares. Tata Motors’ CV business has lost retail market share this year, according to Vahan data. In the PV business, with automakers such as Maruti Suzuki India and Mahindra and Mahindra launching new vehicles, the market …

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 …

Formula E: Tata Consultancy Services join Jaguar Racing as title partner ahead of 2022 season
3 years, 2 months ago

Formula E: Tata Consultancy Services join Jaguar Racing as title partner ahead of 2022 season

India Today  

Tata Consultancy Services joined British racing team Jaguar Racing as title partner ahead of the 2021/22 ABB FIA Formula E World Championship. James Barclay, Team Principal, Jaguar TCS Racing said, “Welcoming a brand-new title partner Tata Consultancy Services is a real honor and we look forward to a highly innovative and successful partnership together. It’s an announcement we’ve been looking …

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 …

Tata Motors Q3 net profit surges 67% to ₹2,906 cr on festive boost
3 years, 11 months ago

Tata Motors Q3 net profit surges 67% to ₹2,906 cr on festive boost

Live Mint  

Tata Motors Ltd on Friday posted a 67.2% surge in profit for the December quarter, as the easing of coronavirus restrictions led to a pick-up in sales in several of the carmaker's key markets. Tata Motors, which owns Jaguar Land Rover, reported a consolidated net profit of ₹2,906 crore for the third quarter, compared with a profit of ₹1,738 crore …

Tata Motors Denies Partnership With Tesla After Cryptic Tweet Sparks JV Rumours
3 years, 11 months ago

Tata Motors Denies Partnership With Tesla After Cryptic Tweet Sparks JV Rumours

News 18  

Since the beginning of this week, media reports and rumours on social media were rife with news of Tata Motors about to sign-up a deal with the US electric vehicle major, Tesla to manufacture and sell its EVs in the country. However, in the latest turn of events, Tata Motors’ electric vehicle division’s Tata Motors Electric Mobility has rebuffed such …

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, …

Tata Motors Announces Thierry Bolloré as New Chief Executive Officer of Jaguar Land Rover
4 years, 5 months ago

Tata Motors Announces Thierry Bolloré as New Chief Executive Officer of Jaguar Land Rover

News 18  

Tata Motors has announced the appointment of Thierry Bolloré as the new Chief Executive Officer of Jaguar Land Rover effective from 10 September 2020. Chandrasekaran, Chairman of Tata Sons, Tata Motors said: “I am delighted to welcome Thierry to Jaguar Land Rover. Commenting on his appointment, Bolloré said: “Jaguar Land Rover is known around the world for its peerless brand …

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 India partners with Tata power for its electric vehicle charging solutions
4 years, 10 months ago

Jaguar Land Rover India partners with Tata power for its electric vehicle charging solutions

Firstpost  

The tie-up will be putting up charging stations at 27 outlets in 24 cities and at the customer’s residence or office. Tata power will be providing end-to-end EV charging solutions for the upcoming Jaguar Land Rover’s range of electrified vehicles. And it will also help with all the other future Jaguar Land Rover battery vehicles and plug-in hybrid electric vehicles. …

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 …

Jaguar Land Rover’s CEO to retire. His successor will face many challenges
4 years, 11 months ago

Jaguar Land Rover’s CEO to retire. His successor will face many challenges

CNN  

London CNN Business — Wanted: a chief executive with cast-iron resolve to navigate falling sales, political uncertainty, an economic slowdown and changing consumer tastes. In 2010, Speth became CEO of Jaguar Land Rover - a group established in 2008 when Tata Motors bought the brands. “Ralf developed Jaguar Land Rover from a niche UK-centric manufacturer to a respected, technological leading, …

JLR-owner Tata Group approaches Geely, BMW in hunt for partners
5 years, 1 month ago

JLR-owner Tata Group approaches Geely, BMW in hunt for partners

Live Mint  

Tata Group, the owner of Jaguar Land Rover, has approached carmakers including China’s Zhejiang Geely Holding Group Co. and BMW AG as it seeks partnerships for the beleaguered British automotive business, people with knowledge of the matter said. It wasn’t immediately clear how receptive Geely and BMW were “There have been no talks with Tata or JLR,” Geely said in …

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 …

Tata Motors sees JLR back in profit this year on cost cuts, recovery in Chinese demand; says no plans to sell British auto arm
5 years, 7 months ago

Tata Motors sees JLR back in profit this year on cost cuts, recovery in Chinese demand; says no plans to sell British auto arm

Firstpost  

Britain-based JLR has been at the centre of media speculation in recent months, with reports Tata might look to sell a stake and also that the unit was set to announce a major investment in Britain. Mumbai/Bengaluru: Tata Motors expects its luxury Jaguar Land Rover arm to return to profit this financial year helped by cost cuts and a recovery …

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 …

Opinion | A Tata Sons IPO could be the answer to Tata Motors’ JLR quandary
5 years, 10 months ago

Opinion | A Tata Sons IPO could be the answer to Tata Motors’ JLR quandary

Live Mint  

India’s Tata Group should treat the speed bump at Jaguar Land Rover as a timely memo: the $102 billion salt-to-software conglomerate can no longer put off listing its closely held parent. When I suggested a Jaguar Land Rover IPO in Hong Kong or London, Chandra, as he’s known, had just been named Tata Sons’ chairman. Preferred shares would give the …

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 India announces launch of next generation of online vehicle buying platforms
5 years, 10 months ago

Jaguar Land Rover India announces launch of next generation of online vehicle buying platforms

India Today  

Jaguar Land Rover India today announced launch of the next generation of its online vehicle buying platforms, which were initially introduced in 2016. Besides, a buyer can offer his/her existing vehicle for trade-in and get an estimated value if it meets Jaguar Land Rover India criteria. "The new generation online platforms offer a seamless purchase experience that greatly enhances the …

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 …

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 …

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 …

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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