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Jaguar Land Rover reports £451m quarterly loss as it cuts 4,000 jobs

JLR chief executive calls for EU and Britain to join forces amid competition from rival Chinese electric carmakers Jaguar Land Rover has reported a £451m quarterly loss as it counts the cost of cutting 4,000 jobs, while its chief executive has called for the EU and Britain to work together in the face of competition from China. Britain’s largest automotive employer reported revenues rising to…

First reported by The Guardian 1 source
Image: The Guardian
Image: The Guardian
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  1. The Guardian

    Jaguar Land Rover reports £451m quarterly loss as it cuts 4,000 jobs (opens The Guardian in a new tab)

    JLR chief executive calls for EU and Britain to join forces amid competition from rival Chinese electric carmakers Jaguar Land Rover has reported a £451m quarterly loss as it counts the cost of cutting 4,000 jobs, while its chief executive has called for the…

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