Jaguar Land Rover suffers massive fourth-quarter loss

Jaguar Land Rover has posted a £3.4 billion ($6.2 billion) loss for the fourth quarter of 2018, on the back of low demand for diesel engines and sluggish sales in China. The result is the company's worst quarterly loss, driven in part by a £3.1 billion ($5.7 billion) write-down on the value of its investments.