Business update to be announced by Jaguar Land Rover

Updated

Car giant Jaguar Land Rover is giving a business update on Thursday which is expected to include job losses as well as investment plans.

The luxury carmaker employs 44,000 workers in the UK at sites in Halewood on Merseyside and Solihull, Castle Bromwich and Wolverhampton in the West Midlands.

There were reports last year that thousands of jobs could be axed as part of a £2.5 billion savings plan amid falling sales in China and a drop in demand for diesel cars, but the figure was not confirmed.

The firm, owned by Indian conglomerate Tata, cut 1,000 temporary contract workers last year at its plant in Solihull.

The announcement is expected to include details of sales for 2018, the business outlook for this year, an update on cost savings and planned investment in UK plants.

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