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jaguar land rover blames a slump in demand for diesel vehicles, slower sales in china and brexit uncertaintywell, we exactly have to know how this brexit deal will be orchestrated to be flexible and agile, to work accordingly. jaguar land rover is a major employer in the west midlands — now there are fears over the impact these cuts could have. if they're going to cut down the work, we're going to lose work, so the future doesn't look that good at the moment — for any of us. and tonight another major car—maker, honda, has told its uk workforce it's shutting production in april to deal with brexit. also on the programme: the japanese prime minister warns against a no—deal brexit after talks with theresa may. the worst christmas for a decade for british retailers — we look at the winners and the losers. gathering dust, we go inside the multimillion—pound state—of—the—art nhs hospital that's been deserted since the collapse of carillion last year. and the duchess of sussex is the new patron of the national theatre, as well as three other charities close to her heart. and coming up on bbc news,
jaguar land rover blames a slump in demand for diesel vehicles, slower sales in china and brexit uncertaintywell, we exactly have to know how this brexit deal will be orchestrated to be flexible and agile, to work accordingly. jaguar land rover is a major employer in the west midlands — now there are fears over the impact these cuts could have. if they're going to cut down the work, we're going to lose work, so the future doesn't look that good at the moment — for any of us. and tonight...
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jaguar income trust has struggled to find its footing.oon cars and they are not selling well. jaguar saloon cars are really up against some of the toughest competition in the global market from other competitors. it has transitioned into the suv, which is where the hot sector is in the market, where consumers are looking to and whether bigger profits are, but it has really failed to build on that scale. for the future, they need to try and leapfrog the opposition. if they cannot beat them in terms of scale and profits in the short term, then can they leapfrog all of their opposition by getting ahead in what will be the next generation of vehicles during the seismic shift in mobility that we are experiencing toward electrification? good to talk to you, the editorial director for what car magazine. jaguar land rover has a number of sites across the uk. the company's main headquarters are in whitely in coventry with the mainjaguar assembly plant in castle bromwich, and land rover plants in halewood in merseyside and solihull in the west midl
jaguar income trust has struggled to find its footing.oon cars and they are not selling well. jaguar saloon cars are really up against some of the toughest competition in the global market from other competitors. it has transitioned into the suv, which is where the hot sector is in the market, where consumers are looking to and whether bigger profits are, but it has really failed to build on that scale. for the future, they need to try and leapfrog the opposition. if they cannot beat them in...
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jaguar land rover is trying to transform itself.up as an electric first brand competing against the likes of tesla, you wouldn't want to start where jaguar land rover are starting. it's a very long journey and when i pressed the chief executive today, he couldn't promised i wouldn't be morejob losses in the future along the journey. —— he couldn't promised there would be morejob journey. —— he couldn't promised there would be more job losses journey. —— he couldn't promised there would be morejob losses in there would be morejob losses in the future along the journey. simon jack, in coventry. the "wish of the whole world" is that britain should avoid a no—deal brexit. that was the view expressed by the japanese prime minister, shinzo abe, in downing street today, after talks with theresa may. during the day mrs may sought the support of some labour mps and trade union leaders for the deal she's negotiated, and which will be put to the vote in the commons next tuesday. but the labour leaderjeremy corbyn said today his priority was to
jaguar land rover is trying to transform itself.up as an electric first brand competing against the likes of tesla, you wouldn't want to start where jaguar land rover are starting. it's a very long journey and when i pressed the chief executive today, he couldn't promised i wouldn't be morejob losses in the future along the journey. —— he couldn't promised there would be morejob journey. —— he couldn't promised there would be more job losses journey. —— he couldn't promised there...
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these factors will notjust be affecting jaguar land rover.ably hear from ford today and her about announcements in europe ofjob cuts which could affect the uk. there is a lot of uncertainty in the industry, china, diesel, brexit, but the industry is also having to invest heavily in new technology so electric cars, driverless technology and connected cars. there is going to be more change in the next ten yea rs to be more change in the next ten years than in the previous 15 years in the car industry so there is huge investment needed to deal with certainty. that is why many companies like jlr are certainty. that is why many companies likejlr are in a bad position. the issue around brexit, also china, a slump in sales to china 50% towards the end of 2018 is obviously dramatic. with brexit, the focus has been on trying to be better trading with countries outside the eu. what would you read into the picture in china at the moment against the brexit backdrop? china is the huge one, given that the firm is overdependent on profits from china. we hav
these factors will notjust be affecting jaguar land rover.ably hear from ford today and her about announcements in europe ofjob cuts which could affect the uk. there is a lot of uncertainty in the industry, china, diesel, brexit, but the industry is also having to invest heavily in new technology so electric cars, driverless technology and connected cars. there is going to be more change in the next ten yea rs to be more change in the next ten years than in the previous 15 years in the car...
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rough road ahead for jaguar land rover. the luxury carmaker could announce thousands of job cuts, as it battles brexit, diesel decline and a china slowdown. plus: fear and loathing in las vegas. why the odds are stacked against chinese players at this year's us tech fair. and on the markets, hopes of a truce in the us—china trade war still boosting wall street, helped by a a more doveish tone from the federal reserve in terms of further interest rises. asian shares taking a bit of a breather, though, after three days of gains. it is one of the icons of the british car industry, and it has enjoyed a new era of global success under the ownership of india's tata. but, over the past year, the road has got decidedly rougher forjaguar land rover. later today, we will find outjust how rough when it releases sales numbers for 2018 and its plans for the coming year. workers fear that could mean substantial job losses. the company announced a restructuring plan last year to save $3.2 billion in costs. 1,000 jobs have already been cut
rough road ahead for jaguar land rover. the luxury carmaker could announce thousands of job cuts, as it battles brexit, diesel decline and a china slowdown. plus: fear and loathing in las vegas. why the odds are stacked against chinese players at this year's us tech fair. and on the markets, hopes of a truce in the us—china trade war still boosting wall street, helped by a a more doveish tone from the federal reserve in terms of further interest rises. asian shares taking a bit of a breather,...
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while for low ——is owned jaguar land rover have a huge presence in the uk. will now return to the story we are leading on, andy murray. i have to say, when i heard the story, without having seen him, my first thought was they are tweaking this for all they work, the headline makers, because it sounded so final. and yet it is this is it. it is a really sad day. andy murray has been a stalwart of the british sporting scene and as the gentleman who spoke earlier said, british tennis players get a really rough ride. indeed i think british sportspeople get a really rough ride. if they were good in front of the camera they would be doing yourjob, david. they are professional sports players. andy murray has really struggled. in any of three megastars of the tennis scene, he has managed to put himself there and win grand slams time and again —— era. there and win grand slams time and again -- era. the i did to come back from world war i, dealing with a hip injury that lasts the best part of two years... that make the idea to come back. he said i have to stop playing
while for low ——is owned jaguar land rover have a huge presence in the uk. will now return to the story we are leading on, andy murray. i have to say, when i heard the story, without having seen him, my first thought was they are tweaking this for all they work, the headline makers, because it sounded so final. and yet it is this is it. it is a really sad day. andy murray has been a stalwart of the british sporting scene and as the gentleman who spoke earlier said, british tennis players...
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today at 2. 4,500 jobs to go at jaguar land rover — most of them being lost here in the uk.ling sales and fears over brexit are blamed whatever the terms of the announcement will do everything we can to make sure they can find jobs that make use of their really valuable skills. the worst christmas for a decade on britain's high street — retail sales flatline in december. the labour leader tells theresa may she should call an election — to break the deadlock over brexit. if you are so confident in your deal, call the election and let the people decide. coming up on afternoon live all the sport — olly. 83 arrests have been made by spanish authorities at the end of the tennis match fixing investigation, 28 players implicated. all this if you days before the first glance one of the year, the details coming up. thanks olly and darren has all the weather — we will have a look at the snow in europe and why it has been so bad, donning milder here in the uk over the next few days. thanks darren. also coming up — getting the meghan sparkle: the duchess of sussex has been made the patr
today at 2. 4,500 jobs to go at jaguar land rover — most of them being lost here in the uk.ling sales and fears over brexit are blamed whatever the terms of the announcement will do everything we can to make sure they can find jobs that make use of their really valuable skills. the worst christmas for a decade on britain's high street — retail sales flatline in december. the labour leader tells theresa may she should call an election — to break the deadlock over brexit. if you are so...
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there's no question jaguar possible restrictions on using them. questionjaguar land rover has been affected by factors beyond its control but critics say its product line—up is sometimes confusing, that it relies too heavily on diesel power, and that it has invested in some models that consumers don't seem to want to buy. speaking ahead of the announcement, the business secretary paid tribute to jlr's workforce. it's a brilliant, skilled workforce, it's a real asset to this country and whatever the terms of the announcement, we will do everything that we can to make sure they can find jobs that make use of their really valua ble find jobs that make use of their really valuable skills. then of course there's brexit. jaguar land rover has warned that if we leave the eu without a deal its costs could rise by more than £1 billion per year. it insists it has no plans to close any uk factories but it's already building this electric car in austria and last year the hill is a state—of—the—art factory in slovakia. forjaguar land rover to survive in the lo
there's no question jaguar possible restrictions on using them. questionjaguar land rover has been affected by factors beyond its control but critics say its product line—up is sometimes confusing, that it relies too heavily on diesel power, and that it has invested in some models that consumers don't seem to want to buy. speaking ahead of the announcement, the business secretary paid tribute to jlr's workforce. it's a brilliant, skilled workforce, it's a real asset to this country and...
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jaguar land rover is planning to cut up jaguar land rover is planning to cut up to 5000 jobs from itsom management, marketing, and other areas. some factory stuff may be affected. the five—day brexit will debate continues in parliament. following yesterday‘s dramatic events in the house of commons. speakerjohn bercow came under intense criticism for allowing an amendment which led to another defeat for the government. labour leaderjeremy corbyn will make a speech to party members today, arguing that theresa may will lose her right to govern if she loses the main vote on tuesday. police think they have found the car used to knock a 14—year—old boy off a moped before he was stabbed to death. detectives say three men used the black mercedes to ram into jayden moodie before killing him in a targeted attack in east london. officers have increased patrols in the area, including at local schools. absolutely shocking. you know, that‘s the question... i didn‘t sleep last night thinking about that. i think about his family and his friends — what actually happened ? 14 years old. i think that wi
jaguar land rover is planning to cut up jaguar land rover is planning to cut up to 5000 jobs from itsom management, marketing, and other areas. some factory stuff may be affected. the five—day brexit will debate continues in parliament. following yesterday‘s dramatic events in the house of commons. speakerjohn bercow came under intense criticism for allowing an amendment which led to another defeat for the government. labour leaderjeremy corbyn will make a speech to party members today,...
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jaguar land rover is a major employer in the west midlands.l businesses and communities rely on it. so what impact could the job losses have on them? 0ur correspondent sima kotecha has been finding out. manufacturing is what they do in the midlands. its economy depends on the sector. here in warwickshire, they make 40,000 metal components forjlr every month. and job losses there are causing nervousness here, because of potential effects to the supply chain. if they're cutting down on important jobs, like the design functions and things like that, where his future in business going? are they continuing to build new models? you know, will they be built locally? will they be built in other areas of the world? it could have a major effect throughout the whole of the industry, and it's disappointing that it's focused here in the west midlands. jlr is often described as the powerhouse of the west midlands. it is a region that has a rich manufacturing heritage, with companies such asjlr forming the heart of communities. but today's news is bound to c
jaguar land rover is a major employer in the west midlands.l businesses and communities rely on it. so what impact could the job losses have on them? 0ur correspondent sima kotecha has been finding out. manufacturing is what they do in the midlands. its economy depends on the sector. here in warwickshire, they make 40,000 metal components forjlr every month. and job losses there are causing nervousness here, because of potential effects to the supply chain. if they're cutting down on important...
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jaguar has its main operations there.or both companies, you have had other factors at work as well. in the case of ford, an aging model lineup. not many suvs are popular with consumers at the moment. and the focus on smaller cars, that has not been lucrative. vonnie: how much are these individual stories in the sense that ford had been in gauging in -- had been in gauging in a restructuring and struggling for years, where jaguar is specifically calling out brexit in the slashing of its staff? >> can you repeat that? vonnie: how much is brexit a factor and how much are these individual stories? was sayingyes, as i in the case of ford, it would be a major factor because the u.k. is a major market. and we saw last year, sales dropping on a general level by 6.8%. consumers are holding back because they are not sure what will happen. in jaguar's case, they are worried about their supply chain because components have to move across the u.k. and vice versa. guy: a big diesel lineup as well, a big factor for jaguar. taht is a fac
jaguar has its main operations there.or both companies, you have had other factors at work as well. in the case of ford, an aging model lineup. not many suvs are popular with consumers at the moment. and the focus on smaller cars, that has not been lucrative. vonnie: how much are these individual stories in the sense that ford had been in gauging in -- had been in gauging in a restructuring and struggling for years, where jaguar is specifically calling out brexit in the slashing of its staff?...
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ford, jaguar and land rover, have announced largejob losses today.getting rid of a500 white—collar job in on top of 1500 factoryjobs which it axed last year. it's clearly a complicated mix of factors here. as you expect, some people are citing the b word, brexit. one thing thatis citing the b word, brexit. one thing that is exciting, jaguar and land rover both planning to switch to electric hybrid cars. one of the reasons is, demand is falling among consumers who are looking at new laws in different cities, clamping down on emissions in the centre of the city. realising consumers go to shift their behaviour. it's an awful phrase that is about developments in new technology, automation and clearly, politics is going to have to find a way to find meaningful jobs and meaningful work for individuals and communities. clearly big car manufacturing plants are not the future of work. it's inevitable that this is seen through the prism of brexit. sorry to come back to it again. a lot of it is about how these manufacturers have produced primarily diesel cars a
ford, jaguar and land rover, have announced largejob losses today.getting rid of a500 white—collar job in on top of 1500 factoryjobs which it axed last year. it's clearly a complicated mix of factors here. as you expect, some people are citing the b word, brexit. one thing thatis citing the b word, brexit. one thing that is exciting, jaguar and land rover both planning to switch to electric hybrid cars. one of the reasons is, demand is falling among consumers who are looking at new laws in...
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eight jaguars f.-type are sounds beefier and it's five liter v eight puts out three hundred sixty four kilowatts but it only comes with all wheel drive and it lacks the o.c. five hundred for sedition and control so all in all this lexus is a pretty super super car. the scottish highlands provide the perfect backdrop for a ride in a very special antique car and. close to six meters in length a bentley eight leader was the biggest passenger car made in britain in its day between one thousand nine hundred eighty one nine hundred thirty two exactly one hundred of the handcrafted models were produced. as illinois did in our vintage car expert could stop ours says that when you hear the name of bentley today you automatically think of fast electricity and sort classy g.t.s. and this bentley eight leaders could be called the poor father of the modern bentley's at the time they sold it as the world's finest cars the perfect mix of comfortable quiet city car and quick powerful sports cars a crystal feels that
eight jaguars f.-type are sounds beefier and it's five liter v eight puts out three hundred sixty four kilowatts but it only comes with all wheel drive and it lacks the o.c. five hundred for sedition and control so all in all this lexus is a pretty super super car. the scottish highlands provide the perfect backdrop for a ride in a very special antique car and. close to six meters in length a bentley eight leader was the biggest passenger car made in britain in its day between one thousand nine...
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for jaguar land rover to factory in slovakia.eds to be a player in the long it needs to be a player in the global market, that means i think its scope beyond just british manufacturing, it has taken steps to do that already, in europe, it has grown its chinese operations. now it needs to build on that and see that project through. others are also struggling. ford has also announced plans for thousands of job struggling. ford has also announced plans for thousands ofjob losses in europe. jlr insists its business is fundamentally strong, change is inevitable if it is to compete successfully with larger and more powerful rivals. the chief executive ofjaguar land rover, dr ralf speth, has been speaking to our business editor, simon jack — he insists the car—maker is committed to growing its uk business — but that he has serious concerns about the possibility of a hard brexit. i totally respect the democratic votes of the uk operation. but that is also quite clear that we support 02 no deal, the deal is not perfect, on the other side,
for jaguar land rover to factory in slovakia.eds to be a player in the long it needs to be a player in the global market, that means i think its scope beyond just british manufacturing, it has taken steps to do that already, in europe, it has grown its chinese operations. now it needs to build on that and see that project through. others are also struggling. ford has also announced plans for thousands of job struggling. ford has also announced plans for thousands ofjob losses in europe. jlr...
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in the uk and europe more generally. 0bviously, that is very concerning for the workers involved, jaguarand rover is britain's largest car—maker, and they are announcing that they are... on top of the 1500 factory jobs that announcing that they are... on top of the 1500 factoryjobs that it shed last year. one way of looking at this though is that it's a sort of natural response to policy change which we are going to have to get used to. there's an interesting paragraph here that says both ford and jaguar land rover are now planning to shift investment into producing electric and hybrid cars, and that consumers are becoming much more nervous about buying cars, because of buying diesel cars and gas cards, because of possible future bands in big cities. the real question going forward is not necessarily how do we stop these workers losing theirjobs producing traditional cars, but more how can we replace these jobs or how can a car manufacturers not to lose jobs, and not impact on communities, perhaps where this might be a key employer as they shift to much more renewable much more sustainab
in the uk and europe more generally. 0bviously, that is very concerning for the workers involved, jaguarand rover is britain's largest car—maker, and they are announcing that they are... on top of the 1500 factory jobs that announcing that they are... on top of the 1500 factoryjobs that it shed last year. one way of looking at this though is that it's a sort of natural response to policy change which we are going to have to get used to. there's an interesting paragraph here that says both...
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at the very moment, the automotive industry but also jaguar land rover are facing unprecedented disruptionn a geo—political area but also in the regulatory area. donald trump visits a texas border town as he seeks to make the case for his long—promised border wall with mexico. japan's prime minister, shinzo abe, holds talks with theresa may about trade opportunities after brexit and says his country supports her eu withdrawal agreement. the family ofjayden moodie the fourteen—year—old boy knocked off his moped and stabbed to death insist he had no involvement with gangs. focus needs to be on the fact that he has been brutally murdered, in cold—blood, and deserves a fair chance at justice. and a quadruple amputee is given a double hand transplant in a 12—hour operation at leeds general infirmary. good evening and welcome to bbc news. the uk's biggest carmaker — jaguar landrover — has confirmed it's cutting 4,500 jobs, most of them in the uk. that's on top of the 1,500 that were shed last year. it has blamed the cuts on a slump in demand for diesel cars, slower sales in china, and uncertaint
at the very moment, the automotive industry but also jaguar land rover are facing unprecedented disruptionn a geo—political area but also in the regulatory area. donald trump visits a texas border town as he seeks to make the case for his long—promised border wall with mexico. japan's prime minister, shinzo abe, holds talks with theresa may about trade opportunities after brexit and says his country supports her eu withdrawal agreement. the family ofjayden moodie the fourteen—year—old...
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of the royal blood of palenque it wasn't thrown upon the jaguar thrown in the white stone house. it is a long time since i wrote those words i the city's crime in the late seven century by christian reckoning. most of this great center of my in culture had long been reclaimed by the forest when her now and cortez made his way across mexico and so the spanish passed a lengthy unsuspecting there was nothing left to destroy anyway. the jungle remained in possession until in the eighteenth century the major buildings were cleared in my inscriptions for study. here where the forest a-g. opera's highlands meet the moist plains of tabasco the capital of the western mayan civilization once flourished. the renowned great powers could be seen from afar it was the rulers residence an administrative center a complex of buildings that were one hundred twenty years in the construction at the heart was the white stone building that housed the jaguar through. our ruler and high priest observe the heavenly bodies closely doubtless from the tower from them he learnt the will of the gods over the m
of the royal blood of palenque it wasn't thrown upon the jaguar thrown in the white stone house. it is a long time since i wrote those words i the city's crime in the late seven century by christian reckoning. most of this great center of my in culture had long been reclaimed by the forest when her now and cortez made his way across mexico and so the spanish passed a lengthy unsuspecting there was nothing left to destroy anyway. the jungle remained in possession until in the eighteenth century...
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rolled out the new checkered flag limited edition model based on the jaguar f.-type the dynamic variant is powered by a supercharged four cylinder v. six engine prices start at just over seventy four thousand euros and germany. renault has unveiled the easy and electric drive autonomous concept car conceived as a luxury vehicle for short distances. driving a car could be used by private individuals or companies for example to shuttle customers between hotels and airports. is said to have a range of nearly five hundred kilometers and seat up to three passengers. bad weather what bad weather this super car by elections can brighten up the gloomiest of days we're testing the five hundred two plus two seater luxury coupe a with a rear wheel drive car to start on the left taxis when it has to offer. he says lexus is known for making cars that ride like sofas on wheels they're comfortable. and eye catching we designed the o.c. five hundred is a sports that really stands out on the street and is powered by an engine it seems doomed to extinction the v eight it's five l
rolled out the new checkered flag limited edition model based on the jaguar f.-type the dynamic variant is powered by a supercharged four cylinder v. six engine prices start at just over seventy four thousand euros and germany. renault has unveiled the easy and electric drive autonomous concept car conceived as a luxury vehicle for short distances. driving a car could be used by private individuals or companies for example to shuttle customers between hotels and airports. is said to have a...
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this is in the wake of the announcement yesterday of big cutbacks at jaguar land rover. they will tell us how they see 2019 when a lot of people are nervous about autos now globally. they make their big announcement about what they see in 2019. alix: what is the number one thing you want to get out of that? david: what investors are looking forward to. since last year, they've taken , moved there president over -- their president over, they've made a lot of changes, what's left? alix: and ford? david: cutting back in europe. we are joined by gina martin bostick. romaine
this is in the wake of the announcement yesterday of big cutbacks at jaguar land rover. they will tell us how they see 2019 when a lot of people are nervous about autos now globally. they make their big announcement about what they see in 2019. alix: what is the number one thing you want to get out of that? david: what investors are looking forward to. since last year, they've taken , moved there president over -- their president over, they've made a lot of changes, what's left? alix: and ford?...
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land roverjobs we have heard about the jaguar land rover jobs today we have heard about the jaguar lands and concern about the northern ireland backstop becoming permanent.” concern about the northern ireland backstop becoming permanent. i don't see that as a big risk because it is in either side's interest. i want to focus on what no deal would look like. no dealwould mean uncertainty in the financial services, the biggest employer in my constituency. uncertainty and advanced manufacturing, the car industry. uncertainty for eu citizens, my constituency were married to eu citizens. that is why i am voting for this transition period to allow us for this transition period to allow us to get to a new relationship. simon, desperate to get in and you disagree. we had a referendum that settled theirs. let's talk about no deal. vicki is talking about the service industry. the single market in europe already doesn't cover the service industry. there is no question that in the end of the country has got to choose between being a rule taken and rule maker. the uncertainty in a scenario where the
land roverjobs we have heard about the jaguar land rover jobs today we have heard about the jaguar lands and concern about the northern ireland backstop becoming permanent.” concern about the northern ireland backstop becoming permanent. i don't see that as a big risk because it is in either side's interest. i want to focus on what no deal would look like. no dealwould mean uncertainty in the financial services, the biggest employer in my constituency. uncertainty and advanced manufacturing,...
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but like rival jaguar land rover million vehicles worldwide.valjaguar land rover it is struggling in china. the carmaker‘s head of operations said 2019 will be another year of enormous challenges for the brand, above all in light of growing geopolitical risks. the brazilian government has said it would allow a proposed merger between two plane makers to go forward , between two plane makers to go forward, capping weeks of uncertainty in which jair bolsonaro expressed his hesitation. the deal must still be approved by shareholders and regulators. shares in us retailer macy's plunged after the operator slashed its full—year profit and sales forecast over after a week holiday season, sending a chill through the wider retail. the indian government has announced the change didn't —— change in the company's change didn't —— change in the compa ny‘s goods and change didn't —— change in the company's goods and services tax which could help garner support ahead of a general election that must be called by may. our reporter joins us now from mumbai with
but like rival jaguar land rover million vehicles worldwide.valjaguar land rover it is struggling in china. the carmaker‘s head of operations said 2019 will be another year of enormous challenges for the brand, above all in light of growing geopolitical risks. the brazilian government has said it would allow a proposed merger between two plane makers to go forward , between two plane makers to go forward, capping weeks of uncertainty in which jair bolsonaro expressed his hesitation. the deal...
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particularly from the manufacturing point of view, jaguar land rover has for a long time been heavilyd that has been seen as a potential weakness, that's why they opened a plant in europe early last year and they now need to fill that part up. it is not at capacity yet so there is the potential for moving some of the uk manufacturing out there. and the uk manufacturing out there. and the logic for that grows all the time with the threat of brexit looming on the horizon. how does it compare to others? we have seen the likes of mercedes and bmw also been hit by the slow down in china but they are better placed because they are bigger? absolutely. it is fair to say that other companies are also suffering from the same problems but they're much more insured against them because of their scale. the companies you mentioned, audi, bmw, mercedes, are at least four times the size in terms of sales, they have bigger art and the budgets for the future. perhaps they are not as agile but today, they are the first ones to really face into the shock of what is going on around the world. thank you ve
particularly from the manufacturing point of view, jaguar land rover has for a long time been heavilyd that has been seen as a potential weakness, that's why they opened a plant in europe early last year and they now need to fill that part up. it is not at capacity yet so there is the potential for moving some of the uk manufacturing out there. and the uk manufacturing out there. and the logic for that grows all the time with the threat of brexit looming on the horizon. how does it compare to...
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Jan 11, 2019
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/china trade talks, yesterday news from jaguar, land rover and ford, they'll be cutting jobs in europe and another warning from one of the auto suppliers around weakness in demand from the chinese. so plenty of head winds around the auto sector coming through in trade today willem >> thanks. in the u.s., the partial government shutdown has hit its 21st day and is on track to be the longest in history president donald trump has so far failed to win funds from congress to build the border wall that he long insisted mexico would underwrite. yesterday he visited a town on the u.s./mexican border and once again threatened to use emergency presidential powers to start construction without the need for congressional approval. >> this is a common sense argument now, if for any reason we don't get this going and they're not going to act responsibly and they don't mind death and crime and all of the problems that they cause by not having a barrier, then you will see what happens with national emergency, which i can do very easily and there's no question it holds up. and it was approved by congre
/china trade talks, yesterday news from jaguar, land rover and ford, they'll be cutting jobs in europe and another warning from one of the auto suppliers around weakness in demand from the chinese. so plenty of head winds around the auto sector coming through in trade today willem >> thanks. in the u.s., the partial government shutdown has hit its 21st day and is on track to be the longest in history president donald trump has so far failed to win funds from congress to build the border...
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Jan 11, 2019
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land rover we re including one with jaguar land rover were due to be coming to an end.se we have heard now they are confirming that they are restructuring their european operations. they haven't given details of that, but today, the gmb union is telling us it has been told that 990 jobs will be lost here by 2020, and tonight the bbc understands that ford is looking to cut 370 jobs here in the short—term as part of a first tranche ofjob losses will stop ford haven't confirmed this yet. they say they will make their restructuring plans public once they have consulted with unions and stakeholders, but for the workforce here, their families unions and stakeholders, but for the workforce here, theirfamilies and the local community, because so many jobs in this local economy depend on this plant, this is an extremely worrying time. thank you. president trump says he will not declare a national emergency — at least for now — as a way of ending his budget stand—off with congress. it's led to the partial shutdown of much of the us government. today, thousands of federal workers
land rover we re including one with jaguar land rover were due to be coming to an end.se we have heard now they are confirming that they are restructuring their european operations. they haven't given details of that, but today, the gmb union is telling us it has been told that 990 jobs will be lost here by 2020, and tonight the bbc understands that ford is looking to cut 370 jobs here in the short—term as part of a first tranche ofjob losses will stop ford haven't confirmed this yet. they...
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Jan 10, 2019
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jaguar land rover is cutting up to 4,5000 jobs in the uk. that's from a workforce of 40,000.art of a £2.5 billion plan to cut costs. a similar story at ford which has announced a major shake—up in the uk and mainland europe. thousands ofjobs are going to be affected, although it's thought the impact here will be limited. many of us are counting the cost after christmas and the latest figures show consumer spending went up 1.8% in december compared to last year. but when you adjust for inflation, that's actually a fall in real terms. and of course that means a tough time for many retailers. let's talk to esme harwood, director at barclaycard. thank you forjoining us. why are we so thank you forjoining us. why are we so bad at spending? well, if you look, it is the lowest level of spent growth in december than we have seen since 2016 and there is really a story of two halves here. so, if you look at high—street sales, that continues to struggle, whereas if we look at the experience economy and entertainment, that typically does better. so that we look at essential spending, wha
jaguar land rover is cutting up to 4,5000 jobs in the uk. that's from a workforce of 40,000.art of a £2.5 billion plan to cut costs. a similar story at ford which has announced a major shake—up in the uk and mainland europe. thousands ofjobs are going to be affected, although it's thought the impact here will be limited. many of us are counting the cost after christmas and the latest figures show consumer spending went up 1.8% in december compared to last year. but when you adjust for...
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Jan 21, 2019
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as you pointed to just now, jaguar land rover partly blaming a fall in demand for some job cuts jaguar blaming a fall in demand for somejob cuts in the uk is the perfect illustration of how growth numbers, gdp numbers, the size of china's economy, can have a very quick effect on companies all around the world, whether that's in automotive in the uk, or whether that is in precision machinery in japan or uk, or whether that is in precision machinery injapan or in south korea. all of this in the context of particular worries about consumer demand, and also what's going to happen in this trade war between the united states and china. we have another six weeks or so for the two sides to try and agree some kind of deal that will see off some risk of a further escalation in tariffs. there is no doubt there is a real concern, real woi’i’y among consumer concern, real worry among consumer sentiment about what will happen in 2019 with regard to the trade war.l closer look at the numbers themselves. chinese growth figures do tend to come in suspiciously close to target, it is a 1—party state, of
as you pointed to just now, jaguar land rover partly blaming a fall in demand for some job cuts jaguar blaming a fall in demand for somejob cuts in the uk is the perfect illustration of how growth numbers, gdp numbers, the size of china's economy, can have a very quick effect on companies all around the world, whether that's in automotive in the uk, or whether that is in precision machinery in japan or uk, or whether that is in precision machinery injapan or in south korea. all of this in the...
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Jan 4, 2019
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apple, jaguar, all kinds of other consumer goods and so on, would find an export market in china.ar or so, they have backtracked, they've gone into reverse on that process of trying to unlock the chinese consumer. china is the biggest car market in the world now. in november, sales fell 20%, and jaguar land rover has already said a slump in china was a major reason for cutting over 1,000 jobs last year. this is all playing out against a us—china trade war, which is encouraging many chinese consumers to buy chinese products. i think the lesson we've learned already from the trade war that's happened so far is that nobody wins a trade war. the idea is to inflict more damage on your opponent than they can on you, and in this respect obviously apple's news tells us something about how american companies are being hurt by this conflict. china is not apple's only problem — convincing consumers they need ever flashier phones is right up there. but it won't be the last company to discover china is a tougher market than many hoped. simon jack, bbc news. south korea's spy agency has confirm
apple, jaguar, all kinds of other consumer goods and so on, would find an export market in china.ar or so, they have backtracked, they've gone into reverse on that process of trying to unlock the chinese consumer. china is the biggest car market in the world now. in november, sales fell 20%, and jaguar land rover has already said a slump in china was a major reason for cutting over 1,000 jobs last year. this is all playing out against a us—china trade war, which is encouraging many chinese...
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Jan 10, 2019
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retail. >>> jaguar land rover is set to cut up to 5,000 jobs in the u.k. work force the layoffs will impact managerial and administrative roles are part of a $2.5 billion cost cutting plan. they come as the british car maker is addressing a dip in chinese sales. the company was not immediately available for comment. >>> meanwhile, rolls royce has reported record sales in 2018 but the bmw british owned car brand remains concerned about the upcoming exit from the european union they urged lawmakers to, quote, avoid an abrupt change. >>> volkswagen and ford are expected to unveil a new alliance at next week's detroit auto show. this will go beyond a focus on commercial vehicles. the scale of the partnership is still being debated with the car makers working out details with collaboration on autonomous details. >>> remember, you can follow us on twitter @streetsignscnbc. you can tweet me directl directly @cnbcjulianna. >>> coming up, minutes released by the fed, members were divided. we discuss what that means for jerome powell and the future for fed policy un
retail. >>> jaguar land rover is set to cut up to 5,000 jobs in the u.k. work force the layoffs will impact managerial and administrative roles are part of a $2.5 billion cost cutting plan. they come as the british car maker is addressing a dip in chinese sales. the company was not immediately available for comment. >>> meanwhile, rolls royce has reported record sales in 2018 but the bmw british owned car brand remains concerned about the upcoming exit from the european union...
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Jan 3, 2019
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apple, jaguar, all kinds of other consumer goods and so on, would find an export market in china.acktracked, they've gone into reverse on that process of trying to unlock the chinese consumer. china is the biggest car market in the world now. in november, sales fell 20%, and jaguar land rover has already said a slump in china was a major reason for cutting over 1,000 jobs last year. this is all playing out against a us—china trade war, which is encouraging many chinese consumers to buy chinese products. i think the lesson we've learned already from the trade war that's happened so far is that nobody wins a trade war. the idea is to inflict more damage on your opponent than they can on you, and in this respect obviously apple's news tells us something about how american companies are being hurt by this conflict. china is not apple's only problem — convincing consumers they need ever flashier phones is right up there. but it won't be the last company to discover china is a tougher market than many hoped. simon jack, bbc news. the defence secretary gavin williamson has confirmed the
apple, jaguar, all kinds of other consumer goods and so on, would find an export market in china.acktracked, they've gone into reverse on that process of trying to unlock the chinese consumer. china is the biggest car market in the world now. in november, sales fell 20%, and jaguar land rover has already said a slump in china was a major reason for cutting over 1,000 jobs last year. this is all playing out against a us—china trade war, which is encouraging many chinese consumers to buy...
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Jan 11, 2019
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we had jaguar land rover announcing plans to cut a500 jobs. going to be cutting thousands ofjobs, an also going to be cutting thousands of jobs, an unspecified also going to be cutting thousands ofjobs, an unspecified number but we know it will be in the thousands, while they try and get their european operation back into profit. jaguar land rover has particular problems of falling sales in china, a very important market for it. the problem of consumer backlash against diesel cars and bearing in mind that land rover is basically a diesel operation. and also they've got concerns about exactly what form brexit is going to take and whether that might disrupt their business. and at the beginning of the week we also had specifically british car sales showing a decline over the last year. so a really difficult time to be a carmaker, yes. and its different between different luxury carmakers, assaidi is and bmw are bigger and they can handle issues much better? to appoint, yes. and we had the ultimate luxury brand, rolls—royce, owned by bmw, showing q
we had jaguar land rover announcing plans to cut a500 jobs. going to be cutting thousands ofjobs, an also going to be cutting thousands of jobs, an unspecified also going to be cutting thousands ofjobs, an unspecified number but we know it will be in the thousands, while they try and get their european operation back into profit. jaguar land rover has particular problems of falling sales in china, a very important market for it. the problem of consumer backlash against diesel cars and bearing...
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Jan 21, 2019
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i'm afraid of jaguar closing, the life sciences industry closing, because we would have no agreement these businesses work. how does this place avoid no deal? a ci’oss does this place avoid no deal? a cross party group of mps are trying to seize power from central government. if theresa may can't get a deal, they want mps to instruct her to delay our departure from the eu. if the government hasn't got its deal through, it would have to bring a motion which would allow the house to vote to instruct the prime minister to extend article 50. as a result avoid a no deal brexit. the prime ministerfor her to get result avoid a no deal brexit. the prime minister for her to get a version of the deal agreed, she needs a change of direction from brussels. the northern irish backstop would see the uk stay close to eu rules. if she can get a guarantee this this would be temporary, some will look again at her teale. 0' e — teale. temporary, some will look again at her teale. 0' e - teale. i have been in favour of a deal. i think the withdrawal agreement is u nsatisfa ctory withdrawal agreement is
i'm afraid of jaguar closing, the life sciences industry closing, because we would have no agreement these businesses work. how does this place avoid no deal? a ci’oss does this place avoid no deal? a cross party group of mps are trying to seize power from central government. if theresa may can't get a deal, they want mps to instruct her to delay our departure from the eu. if the government hasn't got its deal through, it would have to bring a motion which would allow the house to vote to...
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Jan 11, 2019
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the plant currently employs 1700 people, but it has a major contract with jaguar land rover to buildailed to attract new work. our wales correspondent sian lloyd is in bridgend for us this evening. if this happens, it will be a huge blow to the town of bridgend. yes, most certainly, because ford is a big employer here, and these are highly skilled jobs. there has been uncertainty hanging over around 1000 jobs at this plant is certainly going back to 2017. the unions were voicing theirfears going back to 2017. the unions were voicing their fears because they said contracts, including the jaguar land rover one, were due to come to an end, but ford had never really committed on anything. they hadn't confirmed anything about those jobs. now that it has announced that they are restructuring in europe, it was seen as are restructuring in europe, it was seen as though those job losses were going to be more definite, and the gmb union says it has been told that 990 jobs will be lost that this plant by 2020. tonight, the bbc understands ford wants to cut 370 jobs here in bridgend almost immed
the plant currently employs 1700 people, but it has a major contract with jaguar land rover to buildailed to attract new work. our wales correspondent sian lloyd is in bridgend for us this evening. if this happens, it will be a huge blow to the town of bridgend. yes, most certainly, because ford is a big employer here, and these are highly skilled jobs. there has been uncertainty hanging over around 1000 jobs at this plant is certainly going back to 2017. the unions were voicing theirfears...
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the hyundai caught up in the honeycomb electric now we all thought it was going to be the jaguar i pace which is an all electric s.u.v. and then we thought it would be the acura r.d.x. no one really thought about the hyundai but think about one hundred comes in at twenty thousand dollars and they offer an electric version both models one because i'm not an electric s.u.v. person but when you're getting everything that's in our nine s. electric vehicle in an electric vehicle like he had seen at school since the kind of things that we all kind of get used to and want to live with especially in this cold weather that's when you realize that hyundai did it right in that ten year hundred thousand mile warranty and the vehicle without the electric coming in at two hundred twenty thousand dollars that's a winner so that vehicle one it took me a while the first one thousand for the jaguar i was really surprised well i'm channeling you now except if you're in a rural area with the electric you know that may be the right problem i mean who would have thought hyundai whatever ten fifteen years ago
the hyundai caught up in the honeycomb electric now we all thought it was going to be the jaguar i pace which is an all electric s.u.v. and then we thought it would be the acura r.d.x. no one really thought about the hyundai but think about one hundred comes in at twenty thousand dollars and they offer an electric version both models one because i'm not an electric s.u.v. person but when you're getting everything that's in our nine s. electric vehicle in an electric vehicle like he had seen at...
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yesterday morning, we knew that jaguar and land rover will be announcing lots of job jaguar and land worldwide. the vast majority of those will be in the uk. management, administration. £2.5 million worth of cuts win you had to be put in place by the business. this is a confirmation of how they we re this is a confirmation of how they were going to do it. those people whose jobs are were going to do it. those people whosejobs are on were going to do it. those people whose jobs are on the line, a horrendous day yesterday. we have heard about the reasons why. they sell load of cars to china and there has been a consumer slowdown. we know about the reputation of diesel. and also brexit, there has been questions about no deal particularly, what might happen to their business on the back of it. their boss yesterday gave us a bit more information on. we are producing around 3000 vehicles, in the uk, daily. and also even more engines for the global demand. that means anita cobby 5 million part everyday. —— means anita cobby 5 million part everyday. — — i means anita cobby 5 million part eve
yesterday morning, we knew that jaguar and land rover will be announcing lots of job jaguar and land worldwide. the vast majority of those will be in the uk. management, administration. £2.5 million worth of cuts win you had to be put in place by the business. this is a confirmation of how they we re this is a confirmation of how they were going to do it. those people whose jobs are were going to do it. those people whosejobs are on were going to do it. those people whose jobs are on the line,...
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Jan 10, 2019
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there are a,500 jobs at risk, but there's concern too among those companies that supply jaguar.to try to boost profits. we'll have the latest.
there are a,500 jobs at risk, but there's concern too among those companies that supply jaguar.to try to boost profits. we'll have the latest.
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Jan 12, 2019
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that is why we have seen jaguar and ford be the first ones here. they depend on the u.k..s been a factor. you have other factors as well. in the case of ford, an aging model lineup. popular suvs that are with consumers at the moment, and a focus on smaller cars that are not very popular with consumers at the moment. they're going with a focus on smaller cars that are not very lucrative. >> elon musk breaks ground on a $59 company in china. this has got against all of the powers that elon musk has been experiencing. he has had some great successes, for example of spacex. will this be another success? >> he has been coming along on the tesla side. the big question is going to be are we talking in musk time and whether or not this factory can deliver for him in the time that they are talking. they are being aggressive. there are talking about starting initial production of the model three by the end of this year. they have a long ways to go to get this factory built. getting model three assembled in china to avoid import tariffs regardless of whether they're coming down a lit
that is why we have seen jaguar and ford be the first ones here. they depend on the u.k..s been a factor. you have other factors as well. in the case of ford, an aging model lineup. popular suvs that are with consumers at the moment, and a focus on smaller cars that are not very popular with consumers at the moment. they're going with a focus on smaller cars that are not very lucrative. >> elon musk breaks ground on a $59 company in china. this has got against all of the powers that elon...
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Jan 28, 2019
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7, intentaron remontar pero lideraron con siete intersecciones, un esquinero de los jacksonville jaguarsd de san francisco iluminada es un esplendor, en alemania personas desafiaron las temperaturas de este río para participar en una competencia, unos con disfraces y otros participaron en traje de baño a pesar de que la temperatura del agua era solo de 36°, que valientes. >> me recuerda el otro día, los caimanes con el hocico para del agua porque estaba congelado el agua. >> que tenga buenas noches. >> (música). >> >> se va a poner sabtosa la c cosa quienes producen mejores jugadores i do eso
7, intentaron remontar pero lideraron con siete intersecciones, un esquinero de los jacksonville jaguarsd de san francisco iluminada es un esplendor, en alemania personas desafiaron las temperaturas de este río para participar en una competencia, unos con disfraces y otros participaron en traje de baño a pesar de que la temperatura del agua era solo de 36°, que valientes. >> me recuerda el otro día, los caimanes con el hocico para del agua porque estaba congelado el agua. >> que...
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Jan 10, 2019
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breakfast with naga munchetty and charlie stayt. 0ur headlines today: britain's biggest car maker jaguar a lorry driver has been arrested after 27 suspected migrants were found in the back of his vehicle on the m6. police investigating the murder of a ia—year—old boy in london think they've found a car linked to the attack. good morning. the worst christmas in a decade for uk retailers. with sales flat in december, how did some of our big—name shops cope? we get crucial updates from m&s, tesco, debenhams, and john lewis.
breakfast with naga munchetty and charlie stayt. 0ur headlines today: britain's biggest car maker jaguar a lorry driver has been arrested after 27 suspected migrants were found in the back of his vehicle on the m6. police investigating the murder of a ia—year—old boy in london think they've found a car linked to the attack. good morning. the worst christmas in a decade for uk retailers. with sales flat in december, how did some of our big—name shops cope? we get crucial updates from...
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Jan 10, 2019
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shery: it is not just financial seeing cuts, ford and jaguar trimming staff numbers.er this week i was reporting about china's first sales contraction for automobiles in the country. first time since 20 years ago or so. ford and jaguar, i guess no surprise really, not just because of china but because of what is happening with brexit, issues there as well as exporting and currency volatility. not to mention of course what is happening between the u.s. and china. with ford, they say they are cutting thousands of jobs in europe. they may close production plants in various countries. for example, a transmission factory in france, a minivan factory in germany. they are talking about consolidation in britain off of the heels of what is happening with brexit as we hurtle towards the vote. the company says they are .inding it hard to cut costs with jaguar, a similar story, a little bit more because of brexit. they say they are cutting 4500 people from their workforce, mostly of the united kingdom. they have about 44,000 people in total on payrolls. this is more insult to inj
shery: it is not just financial seeing cuts, ford and jaguar trimming staff numbers.er this week i was reporting about china's first sales contraction for automobiles in the country. first time since 20 years ago or so. ford and jaguar, i guess no surprise really, not just because of china but because of what is happening with brexit, issues there as well as exporting and currency volatility. not to mention of course what is happening between the u.s. and china. with ford, they say they are...