Automakers

Jaguar Land Rover in uphill battle to revive China operations

A Jaguar E-Pace on the production line at the Chery Jaguar Land Rover plant in Changshu, China. JLR's China sales fell more than a third in the nine months through December and have continued to slide. (Reuters)
CJ
By:
Christopher Jasper
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By:
Bloomberg
|
May 16, 2019 07:54 AM

LONDON -- Jaguar Land Rover is battling a saturated market in China as the automaker attempts to steady a struggling sales operation that triggered a $4 billion writedown in February, CEO Ralf Speth said.

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