Group 1 Automotive to Phase Out JLR Franchises
Group 1 Automotive will axe all its UK JLR franchise operations within the next two years to "focus on the right areas for growth and productivity."
focus on the right areas for growth and productivity
A memo from UK CEO Mark Raban confirms that JLR sites will be "phased out" until 2027, with the group set to "sell or relinquish" all of its JLR sites.
- The decision aims to align Group 1's portfolio and operations with long-term growth ambitions.
- The move is "not a reflection on the brand itself," according to Raban.
This development follows a cyberattack on JLR's global IT systems, which halted production for five weeks.
Author's summary: Group 1 Automotive to end JLR franchises in the UK.
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