Tata-owned Jaguar Land Rover to cut UK production till spring: report

Carmaker Jaguar Land Rover to reduce production in the United Kingdom until the end of March as it battles chip shortages amid the global semiconductor crisis, according to news reports.

Jaguar Land Rover The decision has reportedly been taken to cut production at the factories in Solihull and Halewood from January 2023, according to a news report in The Guardian.

JLR reported record orders for more than 205,000 cars this month, although ongoing chip shortages have slowed its efforts to ramp up production of its latest models – the Range Rover and Range Rover Sport, based in Solihull And are produced in Defender. Made in Slovakia.

The Solihull factory will go from two shifts to one shift in parts of the factory that produce low value range Rover Velar and Jaguar F-Pace. It plans to add an additional variation to make it a Range Rover body panel.

The Halwood plant in Merseyside will also fall in one shift. The factory produces the Discovery Sport and the smaller Range Rover Evoque.

“We continue to actively manage the operating patterns of our manufacturing plants while the industry experiences global semiconductor supply chain disruptions,” said a JLR spokesperson.

“Demand for our vehicles remains strong. We expect our performance to continue to improve in the second half of the year as new agreements with semiconductor partners take effect, enabling us to manufacture and deliver more vehicles to our customers.”

Tata Motors on Wednesday said the chief executive officer of Jaguar Land Rover Thierry Bollor Resigned from the post citing personal reasons.

Tata Motors has said in a regulatory filing that the last day of Bolor will be December 31, 2022.

Adrian Murdell will take over as the interim CEO of Jaguar Land Rover (JLR) from today.

Tata Motors Ltd closed Q2FY23 with a consolidated net loss 898.35 crores. The company said for Q2FY23, it had earned operating revenue of 78,846.92 crores.

ALSO READ   Ahead of IPO, LIC reveals Q3 results; profit rises to ₹235 cr

catch all corporate news And updates on Live Mint. download mint news app to receive daily market update & Live business News,
More low


Leave a Comment