Jobs warning at Jaguar Land Rover
More job cuts may be made at Jaguar Land Rover, after the carmaker reported a £280m 10-month loss, owner Tata Motors has warned.

Tata also said that further shutdowns were likely at Jaguar Land Rover’s factories in Castle Bromwich, Coventry, Solihull and Halewood, Merseyside.

Jaguar Land Rover currently employs 14,500 people, having made 450 redundancies at the start of the year. Sales of Jaguar and Land Rover cars fell 32% in the 10 months to 31 March.

The number of vehicles sold fell to 167,000 from 246,000 a year earlier, as worldwide demand fell sharply due to the recession

Categories: Market News, US Markets, World Economy
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