Jaguar Land Rover Cuts Profit Outlook Amid Severe Pressures in China

RecentNews.uk

Jaguar Land Rover lowers its profit outlook due to falling sales in China.

The setback follows a reported quarterly loss of £451 million.

Roughly 3,000 employees have agreed to voluntary redundancy under a two-year plan.

The company continues to roll out new luxury electric models to drive future growth.

Can Jaguar Land Rover successfully pivot to luxury electric vehicles to secure its financial future?

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