Jaguar Land Rover has told workers at its Castle Bromwich factory they will be put on a three-day week until Christmas.
The UK’s largest carmaker has released a statement this afternoon (17/09), it reads: “As is standard business practice, Jaguar Land Rover regularly reviews its production schedules to ensure market demand is balanced globally.
In light of the continuing headwinds impacting the car industry, we are making some temporary adjustments to our production schedules at Castle Bromwich.
We are however continuing to over-proportionally invest in new products & technologies, & committed to our UK plants in which we have invested more than £4bn since 2010 to future proof manufacturing technologies to deliver new models.”
Jaguar Land Rover cut 1,000 agency jobs at its Solihull plant in April and on July 4th Prof. Dr. Ralf Speth, Chief Executive Officer of Jaguar Land Rover Automotive plc, warned the company urgently needs “greater certainty” on Brexit to continue to invest heavily in the UK and safeguard suppliers, customers and 40,000 jobs. A bad Brexit deal would cost Jaguar Land Rover more than £1.2 billion profit each year.
