Dec 18, 2018
Jaguar Land Rover struggling to return to top gear
Reports of a New Year jobs cull at Jaguar Land Rover underline the scale of the challenge facing Britain's biggest carmaker. Professor Bailey says JLR is caught in a "Perfect storm" - the threat of a no-deal Brexit, slowing growth in China and a fall in diesel sales. Falling sales in China is arguably the single biggest cause of JLR's current woes. China accounted for about 25% of JLR sales and the company was building up production at plants in the country to help feed that growth. Outside of China, JLR also continues to struggle, although the problem is no means as acute.
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