Jaguar Is Shaken by Pounds 350m Losses ; Industry: Recession Taking Its Toll On Sales of Premium Marques

Birmingham Mail › July 27, 2009

Linked as:

Summary

JAGUAR and Land Rover chalked up joint pre-tax losses of nearly pounds 350 million last year as the worst recession for decades took a huge toll on the automotive sector.

The Midland vehicle group said the 2008 annual accounts filed at Companies House demonstrated the "significant impact" of the global recession and credit crunch on the automotive sector and the premium segment in particular.

See the full content of this document

Extract

Jaguar Is Shaken by Pounds 350m Losses ; Industry: Recession Taking Its Toll On Sales of Premium Marques

The firm said: "Jaguar Cars Ltd posted a pre-tax loss of pounds 4...

See the full content of this document