Beautiful Jaguar Etype Coupe Series 2 on 2040-cars

Auto blog

Jaguar Land Rover to cut thousands of UK jobs

LONDON — Britain's biggest carmaker Jaguar Land Rover (JLR) is set to cut thousands of jobs as the company faces lower demand in China and a slump in sales of diesel cars in Europe. The central English firm builds a higher proportion of its cars in Britain than any other major or medium-sized carmaker and has also spent millions of pounds preparing for Brexit, in case there are tariffs or customs checks. Britain's business minister Greg Clark said on Thursday it is clear why a no-deal Brexit would add to the problems with further costs and disruption. JLR lost 354 million pounds ($450 million) between April and September 2018 and had already cut around 1,000 roles in Britain, shut its Solihull plant for two weeks and announced a three-day week at its Castle Bromwich site. Its Chief Executive Ralf Speth warned in September that the wrong Brexit deal could cost tens of thousands of car jobs and posed a threat to production at the automaker. The Tata Motors-owned company, which employs around 40,000 people in Britain and has boosted its workforce at new plants in China and Slovakia in recent years, unveiled plans to cut costs and improve cash flows by 2.5 billion pounds last year including "reducing employment costs and employment levels." Those cuts will be "substantial" and run into the thousands, the source told Reuters. "The announcement on job losses will be substantial, affecting managerial, research, sales, design," said the source, who spoke on condition of anonymity, not affecting production-line staff "at this stage." The company declined to comment when contacted by Reuters on Thursday. Ford also said on Thursday it will cut thousands of jobs in Europe, exit unprofitable markets and discontinue loss-making vehicle lines as part of a turnaround effort aimed at improving profit margins in the region. Brexit warnings JLR, which became Britain's biggest carmaker in 2016, had been on course to build around 1 million vehicles by the turn of the decade, reported on Thursday a 4.6 percent drop in full-year sales to just under 600,000 vehicles. Demand in China, which had once been one of its strongest countries but has since been hit by a slowdown, fell by 21.6 percent, the biggest drop of any of its markets. "The economic slowdown in China along with ongoing trade tensions is continuing to influence consumer confidence," said Jaguar Land Rover Chief Commercial Officer Felix Brautigam.

Jaguar Buys World's Largest Collection Of British Classic Cars

This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Jaguar's Special Operations division announced today it has bought the world's largest collection of classic British cars. The 543 cars had belonged to wealthy dental entrepreneur Dr. James Hull, who sold the entire collection to the British automaker for $170 million dollars. Jaguar scored 130 of its own vehicles in the lot, including a XK, SS, C, D and E-types, XJ as well as a few rare Land Rovers, according to Road & Track. The division that bought the cars is not only responsible for the heritage museum, but also for special projects. Special Operations finished the 18-car run of the lightweight E-types, albeit 50 years late. Jaguar plans to use the cars as promotional pieces to highlight the history of the brand, according to Cars UK. Related Gallery Retro Features Car Shoppers Still Want

Has the Jaguar XKR-S Sportbrake leaked out early?

Want to haul ass down the Autobahn with the whole family and all their gear in tow? Forget that Porsche Cayenne or Jeep Grand Cherokee SRT8 - what you'll want is a power wagon: something like an Audi RS6 Avant or Mercedes-Benz E63 AMG Estate. Unfortunately there are precious few of these performance station wagons on the market anywhere, especially with American offerings like the Cadillac CTS-V Sport Wagon on its way out and the Dodge Magnum SRT8 long gone. But there's a new challenger emerging.
That'd be the Jaguar XFR-S Sportbrake, a hi-po estate from Coventry that's been a long time in the making. And now it's apparently almost here. (Only by "here," we mean "there," as it's not likely ever to come to the United States.)
Apparently set to be unveiled at the Geneva Motor Show is a Frankenstein-style cross between a Jaguar XF Sportbrake and XFR-S performance sedan, taking the best elements from both. From the former, that means the extended roofline that gives it the cargo capacity of a small crossover. From the former, that means a 5.0-liter supercharged V8 producing 542 horsepower and 502 pound-feet of torque, driving the rear wheels through an eight-speed automatic transmission.