Date: 8 months ago   Category: Motors

There is no money. Jaguar Land Rover will not arrive to a motor show in Geneva


The company said that do not see notable benefit from participation in an action. The Jaguar Land Rover carmaker refused participation in a motor show in Geneva. Autocar reports about it. Such decision of the company is connected with cut in expenditure. Representatives of concern reported that the management does not see special need to represent the products in Geneva. Instead of this Jaguar Land Rover wants to concentrate forces and finance on own actions. It is reported that the profit of Jaguar Land Rover in 2018 decreased by 13.2% in comparison with 2017. The Geneva motor show will take place from March 7 to March 17. Earlier Fords and Volvo refused participation in it. At the beginning of 2018 it was reported that sales of Jaguar Land Rover reached a record. Earlier the former head of design division of Jaguar developed design for the fastest electrobike in the world. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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