Jaguar Land Rover posts £3.4bn quarterly loss

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Jaguar Land Rover has reported a quarterly loss of £3.4bn after it took a major writedown in the value of its investments as the car industry struggles.

 

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Nothing to do with Brexit then. Just over production and can't sell unreliable vehicles. Big mistake getting rid of the old defender. Bad management.

Sorry

out of everybody's price range and gas guzzlers as well. Petrol is sky high so what makes anybody want a landrover.

Because most of us don't have tens of thousands of pounds to buy their cars

Brown encouraged us to buy diesel....... now we are told don’t buy diesel. Where’s the Loughborough university emissions reduction system when you need it. ?

Maybe reduce prices on diesel cars

Because of Brexit? Or are their cars just shite?😂

Just a business badly run over the last 5 years. Ridiculous residual values on pcp deals to sell unreliable cars. And at the end of it all is some poor consumer. God help those who paid cash and not a pcp with a gmfv.

Expensive,unrealiable,gas guzzling polluters chocking the planet.mercs are building diesels giving 70mpg and less than 115gs on the emissions as well as hybrids. JLR have been caught asleep or was Tata just indifferent to pollution, JLR built down to a spec, rot boxes on wheels

Next they'll say company isn't solvent and close the pension scheme. As they did with tata steel.

And now the facts, £3.1bn is an exceptional charge for asset write down. Year on year sales only fell £0.1bn, China is a major YOY issue, they have too many models, and no defender any longer.....

People don't want diesel cars no matter what make they are, let's see. who is imposing massive reductions in diesel emissions? It's the EU isn't it?

Always amusing when the only people mentioning brexit here are leavers. Accusing people of blaming Brexit. 🤦🏼‍♂️😂

labourleave LeaveEUOfficial Golden Horizons!

It cost them £ billions to set up a sweat shop in Sovacia

Are JLR talks with TradeUnions over a new paydeal?🤔.Those who have never worked in the motor industry wont know my meaning.Simply its bullshit losses announced when the companies TradeUnion is in talks over a NewPayDeal they all announce losses after a deal is settled its profit

Over priced unreliable Chelsea tractors for the rich.

All to do with the fact they are not producing the Electric Vehicles that are currently en vogue! Nothing whatsoever to do with Brexit.

DIESEL *

Are you going to spin this into anti Brexit? You all must be quite dizzy now

Cue Brexit related excuses?!

It’s uncertainty. Blame the remainer government messing around not Brexit. Businesses need clarity. WTOBrexitNOW

Fear not, the British government will make the shortfall up, by giving aid money to India that will be creamed away

Not good

Because the Range Rover has been identified as one of the most unreliable new vehicles you can buy.

The important figure is profit.

BREXIT!!!!!!

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