Skip to content
Search

Latest Stories

Jaguar Land Rover to stop production at Nitra plant

TATA MOTORS owned Jaguar Land Rover (JLR) said that it will suspend production in Slovakia.

The luxury automaker will suspend production temporarily at its Slovakia-based Nitra plant following the coronavirus (Covid-19) pandemic.


However, JLR, which is owned by the Indian auto giant, said late on Tuesday (17) that some of its limited activities will continue at the Nitra plant.

All of JLR plants in the UK will remain open despite Nitra closure.

The Nitra region has five reported cases of coronavirus, with three in the town itself, according to media reports.

Slovakia has 97 confirmed coronavirus cases, whereas the country has reported no deaths.

The Central European country has declared a state of emergency and has shut borders to those without permanent residency in the country.

Britain’s largest carmaker currently employs around 1,500 people in Nitra, 98 per cent are Slovak nationals and 30 per cent are women.

In 2018, JLR opened its state-of-the-art £1 billion manufacturing facility in Nitra, Slovakia.

The new 300,000sq m facility stands at the forefront of aluminium manufacturing and engineering expertise in Slovakia, with an annual capacity of 150,000 vehicles a year, according to the automaker.

Meanwhile, the auto company said a staff member at one of its British satellite facilities, a small site which is not one of the firm's manufacturing locations, has tested positive for coronavirus and is in self-isolation.

"We have informed anyone who has been in close contact with them at work and told them also to self-isolate for 14 days," the company said in a statement.

JLR plans to keep making vehicles at its domestic factories until at least the end of the week despite the impact from coronavirus, which has shut many other car plants.

"All of our UK plants remain open, and we plan to keep building cars until at least the end of the week subject to the ongoing supply of parts," it said in a statement.

More For You

Government to abolish payments regulator to boost growth

Keir Starmer (R) and Rachel Reeves host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street on November 21, 2024 in London, England. (Photo by Frank Augstein - WPA Pool/Getty Images)

Government to abolish payments regulator to boost growth

PAYMENTS REGULATOR will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday (11), as it aims to cut red tape in favour of growth.

The Payment Systems Regulator (PSR), which oversees systems including MasterCard and bank transfers, tackles problems such as fraud, excessive fees and lack of competition among banks and payment providers.

Keep ReadingShow less
Boohoo

Boohoo’s shares, which have fallen by about 20 per cent this year, dropped 4 per cent on Tuesday. (Photo: Getty Images)

Boohoo rebrands as Debenhams after 21 per cent sales drop

BOOHOO has rebranded itself as Debenhams Group after sales from its young fashion brands, including Boohoo, MAN, and PrettyLittleThing, declined by 21 per cent to £947 million.

The move comes amid strong competition from Shein and a shift towards second-hand clothing among younger shoppers, The Guardian reported.

Keep ReadingShow less
Donald Trump

Speaking from the Oval Office on Friday, Trump had said the US has been economically and financially 'ripped off' by several countries, including India. (Photo: Getty Images)

India denies pledge to lower tariffs following Trump’s statement

INDIA has said it has not committed to reducing import duties on US goods, following US president Donald Trump’s claim that New Delhi had agreed to "cut their tariffs way down."

Trump, in the early weeks of his second term, has taken a tough stance on global trade, imposing tariffs on several countries, including India, and accusing trading partners of unfair practices.

Keep ReadingShow less