Jaguar Land Rover has refused to rule out more job cuts at its Gaydon headquarters after announcing losses of £280 million this week.

The loss was made between June last year, when it was taken over by Tata Motors, and the end of April 2009 reports The Courier in Warwick.

The newspaper says JLR's sales fell by 32 per cent, with the number of vehicles sold down from 246,000 to 167,000.

Indian firm Tata bought JLR from Ford for £31.7 billion last June and made a net loss of £315 million in 2008.

A JLR spokesman said this was the first time the company had been included in Tata Motors' earnings report which reflected a reversal in its fortunes since the purchase in June.

He said previously Jaguar Land Rover had reported a strongly profitable 18-month performance in the period up to the end of May 2008.

David Smith, JLR's chief executive, said on Monday at the opening of the company's first Indian showroom further job cuts were a possibility.

The firm is still talking to the Government about a £350 million European loan for new development.