AUTOS
From Times Staff and Wire Reports
Jaguar Reportedly Expects Record Loss: The British luxury car maker, a Ford Motor Co. subsidiary, will post a loss of more than $357 million when it announces its 1991 results this month, the Sunday Times of London reported. Layoffs that would add to a “brain drain” from Britain also are a possibility. Jaguar is considering closing its main research and engineering bases in Britain and eliminating the jobs of about 2,000 engineers. Research and engineering would be moved to Germany. Jaguar sales in America and Britain, its main markets, plunged to 27,000 units last year.
