The Daily Kaler kanthoDhaka, Saturday, 17 August, 2019
The Daily Kaler kanthoDhaka, Saturday, 17 August, 2019
BBC
5 July, 2019 13:24 PM
Photo: Getty Images
Jaguar Land Rover (JLR) will announce later today an investment worth hundreds of millions of pounds in electric vehicle-making.
The money will prepare its Castle Bromwich plant for building electric cars.
A six-week shutdown will be needed, but the move is expected to secure hundreds of jobs at the Birmingham site. It will mean the end to the XJ luxury car in its petrol and diesel versions, which has been made since 1968.
The news follows January's announcement, where the firm said it would cut 4,500 jobs, with the majority coming from the UK. That followed 1,500 jobs lost in 2018.
Global business
Today's decision will understandably be seized upon by those who have been sceptical about the dire Brexit warnings emanating from some of the UK's biggest manufacturers.
JLR has issued some of the shrillest alarms over the threat to investment of a no-deal Brexit and some will think they have cried wolf.
BBC
5 July, 2019 13:24 PM
Photo: Getty Images
Jaguar Land Rover (JLR) will announce later today an investment worth hundreds of millions of pounds in electric vehicle-making.
The money will prepare its Castle Bromwich plant for building electric cars.
A six-week shutdown will be needed, but the move is expected to secure hundreds of jobs at the Birmingham site.
The news follows January's announcement, where the firm said it would cut 4,500 jobs, with the majority coming from the UK. That followed 1,500 jobs lost in 2018.
Global business
Today's decision will understandably be seized upon by those who have been sceptical about the dire Brexit warnings emanating from some of the UK's biggest manufacturers.
JLR has issued some of the shrillest alarms over the threat to investment of a no-deal Brexit and some will think they have cried wolf.
UP
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