Ralf Speth
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 68 |
| Date of birth | September 9,1955 |
| Zodiac sign | Virgo |
| Born | Roth |
| Germany | |
| Nationality | British |
| German | |
| Education | University of Warwick |
| Warwick Business School | |
| Rosenheim University of Applied Sciences | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 588560 |
Ralf Speth Life story
Ralf Dieter Speth KBE FRS is a German automotive executive and a director of Indian company Tata Sons since 2016. From 2010 to 2020, he was the chief executive officer of Jaguar Land Rover. He has also had roles with BMW, Linde and Ford's Premier Automotive Group.
Frankfurt Motor Show: love, hate, and electric cars
... Jaguar Land Rover CEO Ralf Speth says the industry is facing a perfect storm the manufacturer, then were spending a lot of money in the development of new cars that produce you will probably lower profits than the previous models, at a time when the industry as a whole faced is, to a slowdown in the world economy, falling sales in key markets and the impact of mounting trade tensions...
Jaguar Land Rover posts £3. 4bn loss as China demand slips
... Jaguar chief executive Ralf Speth said: Jaguar Land Rover reported strong third-quarter sales in the UK and North America, but our overall performance continued to be impacted by challenging market conditions in China...
Jaguar Land Rover posts £3. 4bn loss as China demand slips
Jaguar Land Rover booked a loss for The Last three months of 2018 as sales collapsed in China.
The Company booked a £3. 1bn reduction in the value of its plants and other Investments leading to a £3. 4bn quarterly loss, its biggest to date.
Carmakers are being hit by stronger regulations and demand for cleaner models.
Sales for the quarter were £6. 2bn, down from £6. 3bn a year earlier. It sold 144,602 vehicles, down from 154,447.
Jaguar chief executive Ralf Speth said: "Jaguar Land Rover reported strong third-quarter sales in the UK and North America , but our overall performance continued to be impacted by challenging market conditions in China. "
Excluding the write-down, which affects its balance sheet but has no effect on cash, The Company posted a loss of £273m.
Much of The Firm 's model range is currently diesel-powered, while diesel sales in Europe have been falling.
Jaguar Land Rover , which is owned by India's Tata Motors , has embarked on a major restructuring programme to prepare for The Future and boost profitability.
It has already announced plans to cut thousands of jobs.
It has now accepted that the value of its existing Investments - such as factories, equipment and model designs - is substantially lower than previously thought, said BBC business correspondent Theo Leggett .
china economy, car industry, jaguar land rover, companies
Source of news: bbc.com
Ralf Speth Photos
