Cutting costs, China volumes lifted company. Ralf Speth presided over the longest profit streak in Jaguar Land Rover's history, but he also pushed an aggressive growth plan that overstretched the company just as it was hit by powerful headwinds. When Speth took over in 2010, Jaguar Land Rover was fresh from its purchase by Tata Motors from Ford in 2008. JLR was "more or less bankrupt" when Tata took over, Speth said in a speech in 2014.
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