A second round of job cuts shows PSA is struggling with the viability of its newly acquired Ellesmere Port factory in the UK. There is an obvious solution: sell the Vauxhall factory to Jaguar Land Rover which needs capacity in Britain.
Jaguar Land Rover said its vehicle sales rose 7 percent in 2017 but warned it faces tough conditions in its UK home market due to weakening consumer confidence linked to Brexit and a planned diesel tax hike on new cars.
Land Rover is keeping a pretty tight lid on any news regarding the original Defender's replacement, which is expected to be shown late next year in production form and start rolling off the assembly line as a 2019 model. But Autocar has been able to glean a few details -- or at least as much as the company is willing to share -- about the new model.
Jaguar Land Rover, which helped propel Indian parent Tata Motors to its biggest profit jump in six quarters, will roll out more products next year to boost sales and profit as demand slows in key markets.
Jaguar Land Rover is scouting to buy rival luxury brands to diversify the range of vehicles it sells, and tech companies to help it boost its move into EVs and autonomous driving systems, Bloomberg reported.
Petrochemicals giant Ineos plans to build 25,000 units a year of a model inspired by the Land Rover Defender but it may be thwarted because JLR is seeking trademark protection for its iconic off-roader.
Ratan Tata's move to consolidate power at Tata Sons and secure ownership of Jaguar Land Rover looks like one of those boring shareholder resolutions that would go unremarked upon in an ordinary, closely held firm. But Tata Sons isn't a regular company.