Jaguar Land Rover may be set to announce up to 5,000 job cuts in the UK. Brexit, the dieselgate scandal and declining Chinese demand have all hit its bottom line.
Jaguar Land Rover is to assemble its new Defender model in Slovakia. The announcement came as the UK's auto association warned of a 30% fall in output in the event of a no-deal Brexit.
Car sales have fallen in all key regions, especially in China, the world's biggest auto market. With concerns about the economy and stricter emissions rules looming, there is no end in sight for carmakers' troubles.
Volkswagen has seen net profits for the third quarter of 2018 more than double from the same period last year. The figures suggest that VW is pulling itself out of crisis following its emissions-cheating scandal.
In view of tougher emissions' standards, carmakers across the world are racing to bring more electric vehicle to our roads. At the Geneva Motor Show Janelle Dumalaon has found the industry ahead of a transformative year.
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