Jaguar Land Rover to cut production jobs in UK

Jaguar Land Rover to cut production jobs in UK

Jaguar Land Rover to cut production jobs in UK

"In light of the continuing headwinds impacting the auto industry, we are making some adjustments to our production schedules and the level of agency staff", a JLR statement had said. About 362 staff personnel will be moved from the Castle Bromwich facility to Solihull to make up for the dearth of workforce. Jaguar sales have reduced by 26 per cent while Land Rover sales are down by 20 per cent in the past ear in the wake of diesel concerns.

Earlier this year, it said it would cut production amid uncertainty over Brexit and changes to taxes on diesel cars.

"In light of the continuing headwinds impacting the vehicle industry, we are making some adjustments to our production schedules and the level of agency staff", the company stated. India is also looking at stopping the sale of diesel and petrol cars by 2030.

The UK has voted to leave the 28-member European Union.

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On NSE, the stock opened at Rs 350.80, then fell to an intra-day low of Rs 340.70, down 4.57 per cent over its last close.

In January, the firm stated it would temporarily decrease production at its other British plant of Halewood later this year in reaction to decreasing demand because of Brexit and tax hikes on diesel cars but did not describe any job losses.

"JLR has just revealed its full-electric i-Pace model and have indicated offering all-electric or hybrid variants of all their models by around 2021, but they have been far too slow compared with Tesla and BMW", Bailey was quoted as saying by the. Additionally, even the uncertainty of Brexit is being seen as one of the reasons.

The Solihull plant, where the agency job cuts are being made, produces the Range Rover, Range Rover Sport and Range Rover Velar, as well as the Land Rover Discovery and Jaguar XE.

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