Story perspectives
Jaguar Land Rover negotiates NATO sales of Defender Wolf II
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Story summary
- Jaguar Land Rover is negotiating with NATO nations to sell its Defender Wolf Series II military vehicle.
- JLR created a Defender Defence Division to pursue global defence contracts.
- JLR targets £1.7 billion savings and plans to cut about 4,000 jobs worldwide.
- JLR will invest £15-18 billion over five years in electrification and advanced technologies.
- The shift to defence sales aims to offset weakening consumer demand amid Europe’s defence-spending boom.