Job cuts: Jaguar Land Rover to axe jobs in diesel blow

14 April, 2018, 13:47 | Author: Pamela Mathis
  • Jaguar Land Rover to cut jobs and production – and to blame Brexit

"We are however continuing to recruit large numbers of highly skilled engineers, graduates and apprentices as we over-proportionally invest in new products and technologies".

JLR said in January that it would cut production numbers at its Halewood plant due to slowing new vehicle sales, which a company spokesman linked to "concern around the future of petrol and diesel engines" and "general global economic and political uncertainty".

Production is to be cut at two of the carmaker's plants in the United Kingdom, with an official announcement to be made on Monday. The jobs will be lost from the Solihull and Castle Bromwich factory sites.

Solihull is home to the Jaguar XE, the Range Rover, the Land Rover Discovery and the Range Rover Sport, and now employs over 10,000 people.

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

The luxury carmaker said the "review" of its production schedules is being undertaken to ensure market demand is balanced globally and that it will lay out its 2018-19 production plans to the workforce on Monday.

Warmest of 2018 before rain and storms reload for the weekend!
The first round, or window of opportunity to see severe storms, will be in the afternoon hours along and ahead of the dryline. Lingering showers can't be ruled out through the afternoon, but rain should be ending altogether by Saturday evening.

"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".

Latest employee figures say there are 3,200 people employed at the Castle Bromwich site and a further 10,000 at Solihull.

A source told new agency Reuters that 1,000 roles would be slashed as part of the moves.

"It's unfortunate that in the United Kingdom demand is not there anymore, and the United Kingdom is our home market".

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. Over 90 per cent of the company's United Kingdom sales are from diesel vehicles.



Analysts Ratings for JPMorgan Chase & Co. (JPM)
Finally, Neumann Capital Management LLC grew its position in JPMorgan Chase by 0.4% in the second quarter. The shares were sold at an average price of $112.33, for a total value of $1,991,498.57. (NYSE: JPM ).

Pakistan Supreme Court bans Nawaz Sharif from politics for life
Earlier today, the Supreme Court (SC) ruled that disqualification under Article 62 (1)(f) of the Constitution was for life. The verdict plunges Pakistan into more political instability in the lead up to elections, expected this summer.

Lawmakers Ask Facebook CEO Mark Zuckerberg Tougher Questions As Testimony Continues
As many as 87 million Facebook users who might have had their data shared were to receive a detailed message on their feeds this week.

Man who impregnated daughter kills her, her adoptive father
According to police, Steven Pladl tracked down his daughter and her adoptive father after driving through the night on Wednesday. Knightdale police also found a baby boy at the couple's home, who was reportedly born in September 2017 , according to CBS 17.

Pochettino dismisses claims Harry Kane is egocentric following Eriksen incident
Harry is generous, a person who always puts the collective ahead of himself. I don't care who scored the goal, I care about the three points.

Tyson Fury to make boxing comeback
Tyson Fury will fight for the first time in almost three years when he returns to the ring in Manchester Arena on June 9. While away from the sport, Fury piled on the pounds but in recent photographs and social media video looks slimmer.

School Arms Teachers with Tiny Baseball Bats to Defend Against Mass Shooters
" We passed them out, with the goal being we wanted every room to have one of these ", Hall told WSEE-TV. In the meantime, however, some school districts have introduced their own low-tech defence strategies.

Mattis: US 'still assessing' suspected Syria chemical weapons attack
His comments came before he went to the White House Wednesday afternoon for a meeting on Syria. Meanwhile, Russian ambassador to the U.N.

Khloe Kardashian 'gives birth' amid drama with boyfriend Tristan Thompson
Ready to pop: Khloe Kardashian is getting ready to give birth to her first child any time now. We are having a baby! "I had been waiting and wondering but God had a plan all along".

Fox President Expects Disney Acquisition To Be Complete by Summer 2019
In a statement , Sky advised shareholders to take no action on the Takeover Panel decision. The three companies - Sky, Fox and Disney - signed a confidentiality agreement in March.