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Jaguar Land Rover plans to cut 4,000 jobs as it faces declining sales and increased competition from Chinese automakers. The company is also dealing with the aftermath of a cyber-attack and high production costs in the UK. JLR is investing in electric vehicle development while forming a partnership with Stellantis to produce vehicles for the US market.
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Jaguar Land Rover plans to cut 4,000 jobs as it faces declining sales and increased competition from Chinese automakers. The company is also dealing with the aftermath of a cyber-attack and high production costs in the UK. JLR is investing in electric vehicle development while forming a partnership with Stellantis to produce vehicles for the US market.
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