In the last financial year, Jaguar Land Rover lost £422 million, with the last period ending on the 31st March. Up until the pandemic, JLR had started to recover from previous financial issues and started to turn a profit as sales were up too. Like all other car companies, JLR has been hit badly by the current coronavirus pandemic which has resulted in a drop in demand. Between January and […]
Jaguar Land Rover’s factory in Castle Bromwich is now going to remain closed until August this year – according to a report from Sky News. JLR’s other plants in Solihull already reopened in April so Castle Bromwich will be the last major JLR factory to reopen again. Castle Bromwich makes the Jaguar XE, the XF and the new F-Type. JLR has 2,000 employees who work for the company from this […]
First reported by Sky News over the weekend, it is understood that Jaguar Land Rover is looking for a loan from the government as a temporary bail out, to keep it a float. JLR is said to have submitted a request to the government for a loan of over £1 billion. Some reports have speculated the loan could be as high as £2 billion. However, a spokesperson from JLR has said this […]
To help the NHS and also the British Red Cross provide supplies, food and physical help for those unfortunately affected by the ongoing coronavirus – Jaguar Land Rover is temporarily lending one hundred and sixty brand new vehicles for deployment world-wide. JLR has lent fifty-seven vehicles to the British Red Cross so far, which will be used here in the UK for food and medicine to be distributed to those […]
