Ford Motor Co. reportedly is cutting production of its Jaguar line by up to 7%, as it also moves to trim its Volvo Cars workforce by 5.3%. Jaguar Cars has lost millions of dollars as part of Ford’s Premier Automotive Group, which, itself, lost $740 million last year vs. a profit of $171 million in 2003. Jaguar attempted to staunch the bleed by shuttering, earlier this year, the historic Browns Lane assembly plant in Coventry, U.K. The auto maker is said to be talking with potential ...
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