Skip to content
Search

Latest Stories

Jaguar Land Rover to shut UK car plants for a week

BRITAIN’S largest carmaker Jaguar Land Rover (JLR) will shut all its UK plants for seven days in November.

The latest decision was made to lessen the impact of Brexit scheduled for October 31.


JLR chief executive Ralf Speth was quoted by the Telegraph: “We cannot think about it, we just have to do it.

“We have to close – think about the process. We can’t switch it on and off, I need 10 million to 20 million parts a day and that means I have to make a commitment to my suppliers”.

The purchases of parts would also be stopped for the week.

“It’s the same as we did in April,” Speth added, referring to an earlier shutdown around the expected but postponed Brexit date of March 31.

The company has to stop producing cars for its logistical protection, chief executive said.

He further noted that even if Brexit was postponed again, the business was committed to the closure.

The Tata Motors-owned firm has plants at Halewood, Castle Bromwich, Solihull, and Wolverhampton.

Speth refused to comment further on Britain’s scheduled departure from the European Union.

The loss-making car manufacturer is moving ahead with its £2.5 billion cost-cutting measures.

In 2018, JLR sold 592,708 vehicles in 128 countries.

More For You

Musk-Modi

Elon Musk's statement came a day after a conversation with prime minister Narendra Modi.

Musk says he will visit India following talk with Modi

TESLA and SpaceX CEO Elon Musk said on Saturday that he is looking forward to visiting India later this year.

His statement came a day after a conversation with prime minister Narendra Modi. The two discussed the potential for collaboration in the fields of technology and innovation.

Keep ReadingShow less
Ford vehicles

These vehicles are being recalled due to a potential brake fluid leak

Getty

Ford recalls over 148,000 vehicles in the US for brake and software issues

Ford Motor Company is recalling over 148,000 vehicles in the United States across two separate recalls, according to the National Highway Traffic Safety Administration (NHTSA) on 17 April.

The first recall involves 123,611 vehicles, including specific 2017–2018 models of the Ford F-150, Ford Expedition, and Lincoln Navigator. These vehicles are being recalled due to a potential brake fluid leak from the brake master cylinder. According to the NHTSA, the leak could lead to a reduction in braking performance and an increase in stopping distance.

Keep ReadingShow less
Sainsburys-Getty

The company expects to generate £1bn in profit, with an underlying dip of around £36m, as competition intensifies across the supermarket sector. (Photo: Getty Images)

Sainsbury's warns of profit dip amid supermarket price war

SAINSBURY’s has forecast that profits from its retail operations may remain flat or decline over the coming year as it continues to reduce grocery prices.

The company expects to generate £1bn in profit, with an underlying dip of around £36m, as competition intensifies across the supermarket sector.

Keep ReadingShow less
Streeting pledges ‘future stability’
for pharmacy with £3.1bn funding
Wes Streeting delivered a video message
Wes Streeting delivered a video message

Streeting pledges ‘future stability’ for pharmacy with £3.1bn funding

HEALTH SECRETARY Wes Streeting said the new £3.1 billion funding package for community pharmacy was a “vital step forward” for the profession as it emerges from a decade of underinvestment and financial strain.

His remarks came at the annual Pharmacy Business Conference last week, attended by more than 240 delegates, including industry leaders who shared valuable insights on funding, independent prescribing, and the role of AI in community pharmacy.

Keep ReadingShow less
Gold

Gold had surged 3.6 per cent on Wednesday after US president Donald Trump ordered an investigation into possible tariffs on all critical mineral imports.

Getty Images/iStockphoto

Gold eases after record high as investors book profits

GOLD prices dropped over 1 per cent on Thursday as investors locked in gains following a sharp rise in the previous session.

The fall came ahead of a long weekend, although gold stayed above $3,300 (£2,481) an ounce, supported by a weaker dollar and ongoing US-China trade tensions.

Keep ReadingShow less