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Jaguar Land Rover to close UK factories for a week over Brexit

epa07273415 (FILE) - A general view of the signage of Jaguar Land Rover in Frankfurt am Main, Germany, 04 May 2018 (reissued 10 January 2019). Reports on 10 January 2019 state Britain's biggest carmaker Jaguar Land Rover said in addition to 1,500 people thatl left the company in 2018 they plan to cut some 4,500 of their 42,500 workforce. The jobs losses are to mainly affect management-level positions. The company said theyr hoped the transformation could deliver 2.5 billion pound (2,76 billion euro) in 'cost reductions and cashflow improvements over 18 months as well as long-term strategic operating efficiencies.' EPA-EFE/MAURITZ ANTIN

Jaguar Land Rover will halt production at its British factories for a week in November, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit.

CEO Ralf Speth said JLR had to make plans now, including a stop to production at its four British factories during the first week of November.

The move will affect the company’s three car plants, which collectively built just under a third of Britain’s 1.5 million cars last year, and its engine facility in Wolverhampton.

Toyota said in August it will not build cars at its British factory on November 1, while BMW will halt production at its Oxford Mini plant on October 31 and November 1.

The industry, Britain’s biggest exporter of goods, has been vocal about its concerns that a disorderly departure from the EU could disrupt the flow of parts and vehicles, ruining production processes and damaging the viability of factories.

Via Automotive News Europe

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