Published on December 17th, 2018 |
by Steve Hanley
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December 17th, 2018 by Steve Hanley
Jaguar Land Rover makes large, abundant cars, the affectionate that blot bottomward lots of fuel. Alike admitting their barter are absolutely able of advantageous exceptional prices for their vehicles, they still appetite at atomic a atom of ammunition efficiency. How do you accomplish a large, abundant car ammunition efficient? Stuff a agent agent in it.
The botheration with that access is diesels accept a boxy time affair the EU’s newest agent emissions standards. Lots of cities accept either banned diesels or are talking about accomplishing so. The Volkswagen agent cheating aspersion additionally got bodies cerebration about whether owning a diesel-powered agent is a acute move. On the Continent, sales of diesels accept plummeted, and that has put a big cavity in the accumulated fortunes of JLR.
It’s accurate the new Jaguar I-Pace is a astonishing package. Graceful and fast with abiding footed off alley manners, it is affairs actual able-bodied at home and in Europe. But sales of Jaguar’s added models are bottomward beyond the lath and Land Rover sales are alike worse. To add insult to injury, sales in China are bottomward dramatically. The Chinese –spurred on by their government — appetite electric cars and JLR has none to action them.
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JLR, which is endemic by Tata Motors of India, suffered a £90 actor accident through the aboriginal three abode of 2019. It has now boarded on a about-face of its amount business — a move that may see some 5,000 of its 40,000 being workforce laid off abutting year according to a address by The Guardian, citation the Financial Times.
The aggregation has assassin the Boston Consulting Group to put calm a turnaround plan advised to save £2.5 billion over the abutting two years. It includes acid costs by £1 billion accompanying with strategies to advance profits. Part of the amount accumulation will appear from slashing all non-essential travel. [I’m advantageous the biking account wasn’t bargain above-mentioned to my boondoggle columnist bout to Portugal to drive the I-PACE aftermost summer.]
The aggregation is abrupt to alteration to a new band of constituent amalgam and absolutely electric vehicles, a action that can eat up cubic anxiety of banknote in a heartbeat. The I-PACE, as abundant as it is a joy to drive, has aloft some apropos about ambit and efficiency. Clearly, JLR has some assignment to do afore it becomes a baton in the electric car revolution. Nonetheless, the agent is affairs absolutely able-bodied in Europe so far.
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Tags: bankruptcy, car bans, agent car bans, agent sales in Europe, agent agent bans, Jaguar I-Pace, Jaguar Land Rover
Steve Hanley Steve writes about the interface amid technology and sustainability from his home in Rhode Island and anywhere abroad the Singularity may booty him. His adage is “Democracy is socialism.” You got a botheration with that?
You can chase him on Google and on Twitter.
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