Jaguar and Land Rover have seen their fortunes soar under ownership of the Indian auto company Tata Motors. But now that legacy is under threat.
Land Rover's market in China has been shrinking, Jaguar has a portfolio heavy on less-popular cars, and the fallout from Brexit threatens to raise prices on supplies Jaguar Land Rover uses to make vehicles.Since then, a slowdown in JLR's China market has been perhaps the biggest factor behind the company's woes.
JLR has said its Chinese business is struggling due to challenging market conditions. But one report from Automotive News said"We feel the worst is nearly there in JLR performance," Amthe said. "Management efforts to cut costs and turn around have started yielding results in UK and USA. But China is taking longer than expected to revive."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The Land Mine that Just Got Laid for Elizabeth WarrenIt passed almost unnoticed, but history suggests we just saw a potent political weapon get pointed at two top candidates, Warren and Bernie Sanders.
Baca lebih lajut »
https://people.com/Get the latest news about celebrities, royals, music, TV, and real people. Find exclusive content, including photos and videos, on PEOPLE.com.
Baca lebih lajut »
I drove the Jaguar XE Project 8, a wild $188,000 British muscle sedan — here's what it was likeThe Jaguar XE SV Project 8 has a 5.0-liter, supercharged V8 that makes close to 600 horsepower and can propel the car from 0-60mph in 3.3 seconds.
Baca lebih lajut »
Forest fires rage in Spain's CataloniaTemperatures soared in Spain amid European heatwave, causing wildfire to devour land as hundreds of firefighters battled the blaze through the night.
Baca lebih lajut »
Prefer To Buy American? It's More Complicated Than It Used To Be, According to New SurveyAccording to a new Cars.com survey, a whopping 66 percent of Americans say they want to buy a car that contributes to the U. S. economy; i.e., a vehicle that is mostly assembled here in the land of the free, home of the brave.
Baca lebih lajut »
Iran says it won't hold back the next time the U.S. crosses its borders'We hope that enemies of the country will grasp that the IRGC will spare no efforts to defend its marine, land and airspace and will respond to all threats powerfully,' the Revolutionary Guards' navy
Baca lebih lajut »