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Conservative minister Richard Harrington has urged Theresa May to rule out a no-deal Brexit, as the prime minister prepares to outline her alternative plans to parliament.
Ralf Speth is concerned delays in the supply chain could halt production and repeats warnings a hard Brexit could cost £1.2bn.
Jaguar Land Rover (JLR) CEO Ralf Speth has issued a warning to the UK government that a so-called hard Brexit could cost the company £1.2 billion per year in tariffs and ultimately force it out of the UK.
Jaguar Land Rover is reportedly planning to cut around 5,000 jobs in the new year as it seeks to mitigate the impact of Brexit, the decline of diesel cars and slow sales in China. The move would save the company £2.5bn.
News comes as Jaguar Land Rover reveals plans to shut UK plants in April due to potential disruption.
Car maker said move would affect all three of its UK car plants.
Letter revealing the financial support is finally released – more than two years after No 10 insisted had been no ‘special deal’.
Alarm raised after Nissan decision to halt expansion of Sunderland car plant.
Everything you need to know about the hits business has taken.
Dozens of companies have cut jobs, beefed up their European operations or issued warnings on the impact of the UK's departure from the EU.
Firms including BMW and Toyota warn of potential UK job losses and plant closures.
UK’s four main manufacturing sites, employing 18,500 people, closed from Monday to Friday.
The car manufacturer had made the plans in line with the UK's original EU leave date.
Britain’s car industry warned the next prime minister on Tuesday against a “seismic” no-deal Brexit in October, which it said could add billions of pounds in tariffs and cause border disruption, crippling the sector.
Hostile immigration policies will do untold damage to the UK’s manufacturing industry. It is baffling that the government is willing to implement such a strategy, says Lord Bilimoria.
As the prospect of no deal looms, even the promises of aid offered by the May government seem a distant memory.
Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit.
The sector issues a final plea for a no-deal Brexit to be avoided at all costs, saying the prospect is already hitting jobs.
Jobs and industry 'in peril' if they face post-Brexit tariffs and delays, says top Tory.
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
David Bailey looks at the implications of BMW’s decision to stop producing the electric MINI at its Oxford plant and sets out what the decisions tells us about the UK automotive industry post-Brexit.
UK carmakers ‘unable to meet the requirements’ of the Metropolitan Police protection service.
UK car makers have been 'unable to meet the requirements' of the Metropolitan Police protection service