Price cuts of around 2.5 per cent come as Beijing prepares to lower VAT rate on manufacturers from 16 to 13 per cent; Mercedes-Benz, BMW, Lincoln, Land Rover, Jaguar and Volvo announced that they would lower retail prices on their models.
Posts tagged as Jaguar
When the Jaguar XE was first released in 2014, it was a totally fresh entry in the competitive entry-luxury sports sedan segment. But it didn't hit the U.S.
Jaguar Land Rover, reeling from a $4 billion writedown, a slump in China sales and uncertainty around Brexit, said conditions aren't right for it to borrow from the bond market and that it's seeking alternative funding.