Jaguar Land Rover (JLR) , the UK's biggest carmaker, will shed 1,000 jobs from its Birmingham plant due to a "huge drop in demand in diesels" and continued uncertainty surrounding Brexit. Tata Motors-owned JLR revealed its UK sales in March were down 16%, YoY, while car sales across the UK dropped 26%. CEO Ralf Speth previously urged the UK government to ensure a "final deal that keeps our frictionless trade links with our biggest market, the EU".
Jaguar Land Rover (JLR) , the UK's biggest carmaker, will shed 1,000 jobs from its Birmingham plant due to a "huge drop in demand in diesels" and continued uncertainty surrounding Brexit. Tata Motors-owned JLR revealed its UK sales in March were down 26%, YoY, while car sales across the UK dropped 16%. CEO Ralf Speth previously urged the UK government to ensure a "final deal that keeps our frictionless trade links with our biggest market, the EU".