Jaguar Land Rover cutting up to 500 management jobs in UK
A spokesperson for Jaguar Land Rover (JLR) said: 'As part of normal business practice, we regularly offer eligible employees the opportunity to leave JLR through limited voluntary redundancy programmes.'
It comes after JLR revealed last week that retail sales plunged 15.1% in the three months to June after a temporary pause in exports to the US and the planned wind-down of older Jaguar models.
The company said the significant fall in sales was partly driven by the pause in shipments to the US in April after US President Donald Trump's administration introduced new tariff plans.
In April, the US government said it would launch an additional 25% tariff on car imports into the US, in an effort to encourage more car production within the country.
However, the US and UK have since agreed a deal which would see a lower 10% tariff applied to the first 100,000 UK-manufactured cars imported into the US each year.
JLR halted new shipments to the US in April but restarted exports in early May (Alamy/PA)
UK cars imported to the US beyond this threshold will however face a 27.5% tariff.
JLR halted new shipments to the US in April but restarted exports in early May amid hopes that a trade deal for the sector would be struck.
The car firm saw wholesale sales in North America drop by 12.2% year-on-year after the pause.
But wholesale sales in the UK were also heavily down – tumbling 25.5% in the second quarter – after the planned wind-down of older Jaguar models.
Jaguar stopped selling new cars in the UK late last year as it shifts its production to new electric models, which are set to go on sale in 2026.
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