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Sagging Diesel Sales Pushes Jaguar Land Rover to Lay Off 1K Workers

Company cutting production at two plants in England.

by on Apr.16, 2018

Jaguar Land Rover plans to lay off about 1,000 workers this year as diesel sales have declined.

Many tout the rise of the electric vehicle as a way to create new opportunities and new jobs, but one would be hard pressed to convince the 1,000 employees that Jaguar Land Rover plans to lay off due to the decline of diesel.

JLR, which is owned by parent company Tata Motors, is not only cutting jobs, but is also reducing production at two of its English factories as demand for diesel cars slumps due to higher taxes and regulatory changes related to Britain’s exit from the European Union.

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British new car registrations have been falling during the past year which the industry has blamed, in part, on weakening consumer confidence in the wake of the Brexit vote, after record demand in 2015 and 2016. (more…)