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Birmingham Post
Birmingham Post
Business
Jon Robinson

EXPLAINED: Losses slashed at jaguar land rover as chip supply issues ease | Rare Historical Photos

Losses have been slashed at Jaguar Land Rover as its revenue grew and chip supply issues eased.

The automotive giant has posted a pre-tax loss of £64m for the year to March 31, 2023, £348m better than the previous 12 months.

For its final quarter, JLR's revenue totalled £7.1bn, up 28% compared to the prior three months and up 49% on the same period in 2022.

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