Currently reading: JLR posts £451m loss in third quarter earnings

Significant job cuts weigh on JLR's quarterly performance, along with development costs and a drop in China

JLR suffered a post-tax loss of £451 million for the quarter ending in September after being impacted by what it called “adverse market and model mix”.

The big loss however is a still improvement from the same quarter the year before, when JLR posted a loss of £559 million after the cyber attack halted production.