Currently reading: Jaguar Land Rover blames chip shortage for £455m loss in 2021

Semiconductor shortage throttles JLR output, but order books at record levels and improvement expected

Jaguar Land Rover has posted a pre-tax loss of £455 million in its latest financial year report, laying bare the effects of the semiconductor shortage.

That figure includes a £43m exceptional charge relating to the firm's operations in Russia, where the firm paused sales in March in the wake of the country's invasion of Ukraine.  

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