Rawdon Glover: JLR dealers can recoup Arch investment through better RoS

Amid faltering global registrations, a state of intense anticipation appears to have developed about the business’s next move, with reports of a possible £300 million bid to acquire Addison Lee emerging just weeks before JLR denied that it was in talks about a potential sale to PSA Group.

At the start of June, JLR finally hit the headlines about a partnership that it could confirm – it is finalising a tie-up with BMW to develop the next-generation of electric vehicles (EVs) and manage a transition toward what it called “ACES” – autonomous, connected, electric, shared – mobility.

JLR posted a £358 million loss in its latest set of annual financial results – the result of a £3.3 billion write-down by its Indian owner, Tata – and many are keen to see how it plans to mitigate the effects of stalling sales in China, which triggered a global 5.8% registrations decline, to 578,915 vehicles, in 2018.