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Jaguar Land Rover names ousted Renault boss as new CEO

JLR just lost a half-billion dollars in its most recent fiscal year

Jaguar Land Rover (JLR) has picked ousted Renault boss Thierry Bollore as its next chief executive, with a mission to return Britain's biggest carmaker to profit after a big hit from the COVID-19 pandemic. Bollore took over at Renault in January 2019 after the fall of Carlos Ghosn, but was always viewed a close to the French carmaker's long-time boss and was pushed out in October when it looked for a fresh start. Bollore will take over at JLR on Sept. 10, replacing Ralf Spe

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