KPMG aids Tata with Jaguar Land Rover
Big Four firm advising on cost control at loss making car manufacturer
KPMG has been hired to work on a cost reduction plan for Jaguar Land Rover.
The move comes as accounts filed at Companies House revealed the business,
owned by India’s Tata Motors, suffered a loss of £673m last year, according to
the Daily Telegraph.
The Big Four firm has been hired alongside consultants Roland Berger Strategy
to help determine a future for the business and work on improving cash flow.
The two firms have been working with Jaguar Land Rover for the past months, a
report in the Financial Times said.