Category: Jaguar Land Rover

Jaguar Land Rover Parent Company Logs Surprise Loss on $2 Billion Restructuring Charge

May 18, 2021
automakersBusinessCompaniesIndiaInternationalJaguar Land RoverMarketsTata MotorsWorld
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BENGALURU—India’s Tata Motors posted a surprise quarterly loss and took a $2.05 billion charge at the luxury Jaguar Land Rover (JLR) unit, warning that a global chip crunch and surging COVID-19 cases in the country would hurt its business. Like other carmakers in India, Tata Motors was navigating the pandemic’s impact on sales when a…

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Jaguar Land Rover Halts Production Because of Chip Shortage

April 22, 2021
BusinessCompaniesEuropeJaguar Land RovermicrochipsUK factoriesWorld
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LONDON—Jaguar Land Rover said Thursday it’s suspending production at two UK factories, becoming the latest automaker to fall victim to a global shortage of microchips. “Like other automotive manufacturers, we are currently experiencing some COVID-19 supply chain disruption, including the global availability of semiconductors,” the British luxury car brand said in a statement. The shortage…

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