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Ford's Jaguar targets 127,000 units for 2004

COVENTRY, England, Sept 17 (Reuters) - Ford Motor Co's luxury brand Jaguar aims to produce 127,000 cars in 2004, Jaguar Chairman and Chief Executive Joe Greenwell told Reuters following a news conference.

At the news conference, Jaguar announced it was cutting 1,150 jobs at its main plant in Coventry, England, as part of a restructuring drive to turn round the loss-making brand.