The boss of Jaguar Land Rover (JLR) will step down from his role at the end of his contract term in September as Britain’s biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses, and falling sales.
Ralf Speth has led the company since 2010 during which it has pursued a major global expansion with new factories in China, Brazil, and Slovakia putting it on course to make 1 million cars per year.