Overview

• Adrian Mardell announced his retirement as JLR CEO on August 1, concluding 35 years with the company and leaving the top post unfilled.
• Under his three-year tenure JLR recorded its highest profit in a decade and cut its debt by £5 billion.
• Production of existing Jaguar models is paused to clear the way for the company’s forthcoming all-electric range.
• Jaguar’s shift to a premium electric marque has drawn sharp criticism for its polarizing marketing and break from its heritage.
• Without U.S. assembly facilities, JLR now contends with 10 percent tariffs on British-built SUVs and 15 percent on those made in Slovakia, squeezing export competitiveness.