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New JLR boss announces that Land Rover is to launch six new pure electric models in the next five years, but the all-electric Jaguar XJ project has been scrapped

New JLR boss announces that Land Rover is to launch six new pure electric models in the next five years, but the all-electric Jaguar XJ project has been scrapped

Last modified on Fri 29 Jan 2021 13.00 EST Jaguar Land Rover staged a recovery in the final three months of 2020, as the growth of car sales in China made up for the UK’s continued lockdowns and its setting aside of £35m to pay fines for missing carbon dioxide emissions targets. The carmaker made pre-tax profits of £439m in the last quarter of the year, £121m higher than in 2019, JLR said on Friday. Revenues recovered to £6bn, £1.6bn more than the July-to-September period, although still lower than at the same point the year before. JLR lost its status as the largest carmaker in the UK...

Click the thumbs up > The past 12 months have been rather rocky for Jaguar Land Rover. It started 2020 having reported nine-figure losses in the last quarter of 2019, its global sales were declining and its model range was heavily reliant on unpopular diesel. Added to that was the announcement of job cuts at its UK plants while chief executive Ralf Speth, who led the business for the last decade and helped it maximise its position in the growing SUV market, announced he would be stepping down. When Andrew Jago took over the reins of JLR’s UK fleet and business division in August 2019, the b...

Jaguar Land Rover stuck at a red light with its strategy on hold The carmaker’s new boss is yet to reveal his plans to revive its fortunes as the move towards electric vehicles gains pace 24 January 2021 • 5:00am There’s a saying in the West Midlands that when Jaguar Land Rover sneezes, the region catches a cold. Not only employees, but the network of suppliers and thousands of other businesses that depend on economic activity generated by the company are awaiting JLR chief executive Thierry Bolloré setting out his strategy for Britain’s biggest carmaker. Bolloré was a surprise appo...