Jaguar Land Rover Reports £451m Quarterly Loss and 4,000 Job Cuts

Jaguar Land Rover, the British carmaker owned by India's Tata group, reported a £451m quarterly loss for July to September and said it is cutting 4,000 jobs. Revenue for the period was £5.9bn. The company recorded £530m in costs linked to the cuts. Before restructuring costs, the expenses of reorganising, it said it was in profit from operations.