Jaguar Land Rover to cut jobs and production - and to blame Brexit

Jaguar Land Rover to cut jobs and production – and to blame Brexit

Output will be cut at its central English Solihull and Castle Bromwich plants, affecting some 1,000 agency workers, the source said.

The Tata Motors-owned vehicle maker said it remained committed to its United Kingdom plants, and would continue to recruit engineers, graduates and apprentices, but would be making adjustments to its production schedule and level of agency staff as part of regular reviews to ensure market demand was balanced globally.

"On Monday we will be cascading our 2018/19 production plans for the next fiscal year to our workforce". JLR employs 40,000 people in the UK.

JLR added that it is continuing to recruit large numbers of highly skilled engineers, graduates and apprentices as it continues to invest in new products and technologies.

"We also remain committed to our United Kingdom plants, in which we have invested more than £4 billion since 2010 to futureproof manufacturing technologies to deliver new models".

Users own and control their data, says Zuckerberg
It was the phrase "a version" in the earlier part of his testimony that seemed to suggest a paid version could be a possibility. The tech giant's announcement comes on the heels of co-founder and CEO Mark Zuckerberg's testimony before Congress this week .

Pompeo Vows to Boost State Dept., Confirms He 'Cooperated' With Mueller
Pompeo also won't say whether Mueller's team asked him not to speak publicly about the contents of the interview. In all of these cases, he aligned himself with the new tough policies of President Donald Trump .

Ivan Rakitic to undergo surgery on fractured finger after Barcelona defeat
Roma are also through to the Champions League semi finals following a sensational comeback against Barcelona . It was a bad day for us because couldn't overcome their pressure.

Some staff roles will also be moved from Castle Bromwich to Solihull.

Overall UK demand for new diesel cars plunged 37 per cent in March.

The automaker saw a 26% drop in sales in the United Kingdom in the first three months of 2018 while sales in Germany fell 32%.

Earlier this year, it said it would cut production amid uncertainty over Brexit and changes to taxes on diesel cars. As an industry in which investment is heavily reliant on forward planning, industry bodies have been lobbying extensively for greater clarity around a Brexit trade deal. The vehicle manufacturer, Britain's biggest, will be particularly affected by government plans to hike vehicle excise duty on diesel cars in April - the fuel type 90 per cent of its vehicles are powered by.

'With JLR's United Kingdom production facilities exporting around 75 per cent of its vehicles and importing many parts from the European Union, this action is in part an effort to help mitigate potentially-costly tariffs, which could significantly damage its bottom line. JLR blamed the continuing uncertainty over diesel for the downturn.

Related:

Comments

Latest news

JPMorgan posts $US9 billion record profit
Shares initially spiked more than 1 percent in premarket trading following the release, before paring gains. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.17 and a current ratio of 0.17.

Pakistan bars former PM Sharif from holding office for life
A member of Sharif's ruling party, Information Minister Maryam Aurangzeb, angrily dismissed the ruling as a "joke". The historic ruling ended Sharif's hopes to stage a political comeback in general elections slated after June.

Trump calls for prosecuting 'liar' ex-FBI chief Comey
Before Trump and Comey met alone, USA intelligence chiefs briefed Trump and his advisers on Russia's election meddling. Comey, fired by Trump in May 2017, says the president has no sense of what is right and wrong.

UN Secretary-General on Syria: 'The Cold War is back'
Ambassador to the United Nations Nikki Haley accused Russian Federation of lies and a coverup in a suspected chemical weapons attack in Syria .

Woman who drove SUV with family on-board off a cliff was drunk
This June, 2014, file photo shows some of the Hart family at the annual celebration of "The Goonies" movie in Astoria, Ore. Police had previously said they believed the Hart family died in a suicide plunge from a scenic overlook.

Chinese F1 Grand Prix 2018 Qualifying: Results, Times from Friday's Practice
And while the Dutchman did clock his best time of the session a lap later, the tyres would have been slightly damaged. Mercedes lacked performance - Hamilton was 0.58secs off pole and fourth behind team-mate Valtteri Bottas .

Haley, Mattis divided on evidence of Syria gas attack
Mattis was referring to global investigating teams from the Organization for the Prohibition of Chemical Weapons (OPCW).

Super Eagles climb five places in Federation Internationale de Football Association ranking
Kenyan neighbours Uganda have also climbed up the table by four places and are at position 74 with 426 points. They now occupy the 14th spot in the world they are closely trailed by Senegal on the 28th spot in the world.

Trump Lauds Potential North Korea Summit as 'Very Exciting for the World'
Trump's latest proposal intensified what was already shaping up to be the biggest trade battle in more than a half century. Investors across the globe are bracing for uncertain markets over an escalating trade dispute between the US and China.

Panovich: Carolinas could see severe weather Sunday
Damaging winds and torrential rainfall will be the biggest threat but an isolated tornado may be possible as well. If the Gulf Coast storms don't materialize, we could see some severe storms between 5 PM and midnight.

Dwayne 'The Rock' Johnson not ready for politics just yet
He replied to a tweet by a Nigerian man Wale Adetona, explaining how he came about the character. But a rogue genetic experiment gone awry transforms this gentle ape into a raging monster.

Intimate Photos of Sri Reddy & Abhiram Daggubati Go Viral
Sri Reddy had alleged that she has been sexually assaulted by many producers and directors of the film industry. She also updated a post in her Facebook stating that "Tollywood will be clean if Dil Raju dies".

Traumatic brain injuries increase your risk of dementia later in life
Dementia remained relatively rare: only 4.7 percent of study participants developed dementia at all, a total of 126,734 people. The idea that blows to the head suffered by boxers and footballers may increase the risk of dementia is a hotly debated issue.

Yankees won brawl-filled battle due to their two strengths
Sanchez finally broke out of his 2-35 slump with a two-run homer over the Green Monster to give the Yankees an early 4-0 lead. So which one is it? That should not get lost in the Yankees and Red Sox finding their inner 2003-04 malice.

Volume Buzz: Netflix, Inc. (NASDAQ:NFLX)
The ratio increased due to NFLX positioning: 53 sold and 244 reduced. 107 funds opened positions while 281 raised stakes. After $0.41 actual EPS reported by Netflix, Inc . for the previous quarter, Wall Street now forecasts 53.66% EPS growth.

Other news