Jaguar Land Rover has posted its first quarterly profit for two years as the shortage of computer chips eased during its latest financial period.
The automotive giant, which has UK operations across the Midlands and the North West, has posted a pre-tax profit of £265m for the three months to December 31, 2022, compared to a £9m loss during the same period in 2021.
The last time JLR posted a quarterly profit was the £439m it achieved in the three months to the end of December 2020.
