Jaguar Land Rover names new CEO

Jaguar Land Rover has announced its new chief executive.

Thierry Bolloré replaces Ralf Speth at JLR’s helm and will take up the position on September 10.

Bolloré, who spent seven years with French carmaker Renault, was eventually pushed out as the firm’s CEO last October.

He takes up the post as the loss-making carmaker looks to bounce back from the coronavirus pandemic, which saw it hit by lockdowns in key markets across Europe and North America.

Bolloré said: “Jaguar Land Rover is known around the world for its peerless brand heritage, exquisite design and deep engineering integrity.

“It will be my privilege to lead this fantastic company through what continues to be the most testing time of our generation.

“Renowned for their passion and spirit, the people of Jaguar Land Rover are the driving force behind its success.

“I couldn’t be more excited to join the team continuing to shape the future of this iconic company.”