Date: 2 weeks ago   Category: Auto

Jaguar Land Rover несет рекордные убытки


The Indian company Tata Motors which owns the Jaguar Land Rover group reported on a quarter loss in a size of 3.8 billion dollars. It exceeds a half of market capitalization of firm which is estimated at 6.1 billion dollars. "Minus" was the largest for all history of the Indian business.

of Jaguar Land Rover faced a number of problems. The world's largest Chinese automobile market began to be reduced that at once generated difficulties at many leading world carmakers. In Europe were up in arms against diesel cars that also led to additional losses. Besides, the British brands suffer because of Brexit, In the latter case the exact size of losses just should be estimated.

Because of difficulties of Land Rover even refused release of exclusive three-door "Reyndzh Rovera" at the last minute. He was supposed to be brought together in 999 copies and to sell several times more expensively, than there is an initial car. In addition Jaguar Land Rover is going to optimize production and to reduce expenses. Among other things, it will lead to dismissal of 4500 people.

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