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Jaguar Land Rover will spend about $6 billion in the current financial year on new models and technologies as the luxury carmaker looks to spur sales that grew at a slower pace.
Jaguar Land Rover said it will cut 1,000 jobs and reduce production at two UK factories as demand for diesel cars slumps because of higher taxes and a regulatory crackdown.
Yet another outline of the next Land Rover Defender has appeared.
During the opening of Jaguar Land Rover's new U.S. headquarters in Mahwah, N.J., the company peeled the curtain back just a little on the iconic off-road vehicle.
Fresh off record Land Rover sales in 2017 and another solid year of growth for Jaguar, 2018 brings more new products, including low-production, high-performance vehicles.
A Land Rover designer says he wishes the new Defender would have bowed at the same time as Mercedes' G class.
BMW and other brands used the Geneva auto show to stake claims in upper-luxury segments dominated by VW Group's sprawling yet integrated empire of upscale brands.
The British, creators of the luxury SUV segment in 1970 with the original Range Rover, are attempting to fend off potential interlopers from Italy, Germany and elsewhere with an armada of superluxe off-roaders.
Jaguar Land Rover said marketing chief Felix Braeuetigam will take on the newly-created position of chief commercial officer, absorbing the duties of departing sales operations director Andy Goss.
Jaguar Land Rover's lower sales in the United States and Europe pulled down profit at parent Tata Motors.
Range Rover will add the limited-edition Coupe SV as its new flagship model. The SUV will be Land Rover's most expensive model to date when it goes on sale later this year.
A roundup of brands, from GMC to Lincoln, that will unveil new product at the Detroit auto show.
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