Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Jaguar is a brand of the multinational automobile manufacturer Jaguar Land Rover.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedJaguar Land Rover is laying off the majority of the employees of the Russian office. As one of Kommersant's interlocutors says, JLR is actually leaving the RF. It is not clear if JLR will continue to support the maintenance of its vehicles. The British automaker Jaguar Land Rover (JLR) is the leader in the Russian market. The company sold the business to local top managers. The new owner of the Russian JLR subsidiary is the VSKD Motors company, founded at the end of 2022. In the middle of this year's news, there are a lot of backlogs for the Russian JLR office. The agreement was closed on October 31, 2024.