•   
  •   

Money Jaguar Land Rover to cut output and jobs due to Brexit, diesel slump - source

02:06  15 april  2018
02:06  15 april  2018 Source:   reuters.com

New UK car tax hike affects every new diesel on sale

  New UK car tax hike affects every new diesel on sale More stringent taxation for new diesel cars has now kicked in; no new diesel-powered vehicles on sale in the UK are believed to be exemptFirst announced in Chancellor Philip Hammond's Autumn Budget last year, the changes push new diesel cars registered after 1 April 2018 up a tax band and see diesel-powered company car drivers faced with a benefit-in-kind supplement tax increase from 3% to 4%.

Carmaker blames job losses in West Midlands on sales drop, confusion over diesel engines and uncertainty over Brexit .

Output will be cut at its central English Solihull and Castle Bromwich plants, affecting some 1,000 agency workers, the source said. A spokesman at Jaguar Land Rover ( JLR )

a close up of a car: FILE PHOTO: New Land Rover cars are seen in a parking lot at the Jaguar Land Rover plant at Halewood in Liverpool, northern England. © REUTERS/Phil Noble/File Photo FILE PHOTO: New Land Rover cars are seen in a parking lot at the Jaguar Land Rover plant at Halewood in Liverpool, northern England.

Britain's biggest carmaker Jaguar Land Rover (TAMO.NS) will cut around 1,000 jobs and production at two of its English factories due to a fall in sales caused by uncertainty around Brexit and confusion over diesel policy, a source told Reuters.

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

A spokesman at Jaguar Land Rover (JLR) declined to comment on the number of jobs which would be lost but the firm said it would be making changes to its output plans.

Nine new Jaguars to expect in the coming years

  Nine new Jaguars to expect in the coming years With electrification on the horizon for Jaguar's model range, we run down what the future holds for the brandWe've revealed details of the J-Pace, which will go head-to-head with the Porsche Cayenne, but there are eight other new cars set to land in the coming years.

LONDON (Reuters) - Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) will cut around 1,000 jobs and production at two of its English factories due to a fall in sales caused by uncertainty around Brexit and confusion over diesel policy, a source told Reuters.

Output will be cut at its central English Solihull and Castle Bromwich plants, affecting some 1,000 agency workers, the source said. A spokesman at Jaguar Land Rover ( JLR )

"In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff," the company said in a statement.

It is not renewing the contracts of a number of agency staff at the Solihull site and would be informing staff on Monday of its plans for the 2018-19 financial year.

In January, the firm said it would temporarily reduce production at its other British plant of Halewood later this year in response to weakening demand due to Brexit and tax hikes on diesel cars but did not detail any job losses.

Jaguar sales are down 26 percent so far this year whilst Land Rover demand dropped 20 percent in its home market as buyers shun diesel, concerned over planned tax rises and possible bans and restrictions in several countries.

Jaguar Land Rover confirms plans to cut 1,000 UK jobs

  Jaguar Land Rover confirms plans to cut 1,000 UK jobs Jaguar Land Rover has confirmed plans to shed 1,000 jobs as it cuts production at two sites. Britain's biggest carmaker said it had been informing employees about the decision on Monday - after reports had emerged last week.A spokesman confirmed that 1,000 agency staff at Solihull were not having their contracts renewed.Meanwhile, 362 permanent staff will be transferred from another West Midlands site, at Castle Bromwich, to Solihull.

Output will be cut at its central English Solihull and Castle Bromwich plants, affecting some 1,000 agency workers, the source said. A spokesman at Jaguar Land Rover ( JLR )

Britain's biggest carmaker Jaguar Land Rover will cut around 1,000 jobs and production at two of its English factories due to a fall in sales caused by uncertainty around Brexit and confusion over diesel policy, a source told Reuters. A spokesman at Jaguar Land Rover ( JLR ) declined to comment on.

"It's been obvious to everyone that sales have been dropping," the source said.

British new car registrations have been falling for a year which the car industry body has partly blamed on weakening consumer confidence in the wake of the Brexit vote, after record demand in 2015 and 2016.

NOW SEE: Britain's car industry could buckle under Brexit

  Jaguar Land Rover to cut output and jobs due to Brexit, diesel slump - source © Rex

Follow us on Facebook, and on Twitter

Baby SUVs to spearhead new Land Rover offensive .
The first of Land Rover's compact SUV models could arrive in 2021, which would revive the spirit of the original Freelander .The diverse new cars, which also include a £250,000 Range Rover coupé, a Defender pick-up truck and a more car-like Range Rover, will cash in on the booming growth of premium 4x4s, with the aim of elevating Land Rover sales and profits to new heights.Most crucial to the growth targets are new entry-level models. Inspiring these plans is the success of the original Freelander, which invented the idea of a soft-roader when it was launched in 1997 and became a best-seller in Europe.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!