Jaguar Land Rover boss to depart

The chief executive of Jaguar Land Rover, David Smith, is to stand down, the carmaker has confirmed.

The firm said his departure was not linked to the recent breakdown of talks with unions over pay and pensions. Jaguar Land Rover, part of India's Tata Motors, is seeking to reduce wages and pension provision for new staff.

BBC business editor Robert Peston said Mr Smith's departure would "raise concerns about possible disagreements over strategy".

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source: BBC