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Tag: Jaguar

Jaguar Land Rover 'to cut 1,000 jobs'

Jaguar Land Rover 'to cut 1,000 jobs'

Business
Jaguar Land Rover is to shed 1,000 jobs and cut production at two sites, according to reports.The carmaker said it would make an announcement to employees on Monday regarding its production plans for 2018/19.It added: "In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff."We are however continuing to recruit large numbers of highly skilled engineers, graduates and apprentices as we over-proportionally invest in new products and technologies."We also remain committed to our UK plants in which we have invested more than £4bn since 2010 to future-proof manufacturing technologies to deliver new models."Production will be cut at the Castle Bromwich and Solihull sites, with affected staff based a
Waymo to buy 20,000 Jaguar electric cars

Waymo to buy 20,000 Jaguar electric cars

Technology
Self-driving car company Waymo is to buy up to 20,000 Jaguar electric vehicles as part of its plans to launch a robotic ride-hailing service.The announcement by the business, which is owned by Google parent company Alphabet, expands on a fleet of self-driving cars it has been building with Fiat Chrysler since 2015.Jaguar Land Rover (JLR) will deliver the I-PACE models from 2020 to 2022, with the aim of providing up to one million rides per day.Financial terms of the deal were not disclosed but at a starting price of about $ 70,000 for the I-PACE, a fleet of 20,000 vehicles would be worth $ 1.4bn (£990m).Waymo has been working on self-driving cars since 2009 and currently tests its self-driving system on Chrysler Pacific minivans.It plans to launch a ride service in Phoenix, Arizona, in the