Jaguar Land Rover Reports £451m Loss After 4,000 Job Cuts

RecentNews.uk

Jaguar Land Rover reported a £451m pre-tax loss for the quarter.

The firm recorded £530m in restructuring costs linked to 4,000 job cuts.

Chief executive PB Balaji urged the UK and EU to drop post-Brexit trade barriers.

JLR is shifting its strategic growth focus toward the United States.

Can traditional British carmakers successfully compete with new Chinese electric vehicle brands?

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