Jaguar warns on UK outlook

Jaguar Land Rover sales have risen 7% to a record 621,109 vehicles in 2017 but the UK’s biggest carmaker says it faces tough conditions in its home market due to weakening consumer confidence and a planned diesel tax rise on new cars.

Jaguar Land Rover sales have risen 7% to a record 621,109 vehicles in 2017 but the UK’s biggest carmaker says it faces tough conditions in its home market due to weakening consumer confidence and a planned diesel tax rise on new cars, writes Costas Pitas.

The company has embarked on a major turnaround plan since being bought by India’s Tata group in 2008. This includes investment in new models and expansion of production with the aim of building around a million vehicles a year by the turn of the decade.