Staff are safe at Jaguar Land Rover
Staff at Coventry’s Jaguar land Rover plant “will not face redundancies”, a spokesman has told Insider. The comments follow reports suggesting the car manufacturer’s parent company, Tata Motors, is planning to start production in India, where the company is headquartered.
However, a spokesman has told Insider that any move to India would concern the assembly of the cars, not the production.
The company said the CKD (complete knock down) kits, which are produced in the UK to make the vehicles, would continue to be made and only the assembly work would be carried out abroad. A JLR spokesman said: “We [Jaguar Land Rover] have a number of other facilities around the world to which we ship the CKD kits. However, the kits would still be produced in the UK. Staff would not be affected,and there will be no job losses.”
The reports came following India-based Tata Motors’ announcement yesterday that the group had returned to profit following losses of £44m last year. The group, revealed a profit of 19.9bn rupees (£273m), which included a pre-tax profit of £233.8m from Jaguar Land Rover.
The company’s trading update revealed results from the first quarter to 30 June 2010.
Wholesale volumes for Jaguar Land Rover, which is headquartered in Gaydon, in the first quarter were 57,153 units compared to 35,947 units in the same period last year. Its retail sales also improved in the quarter. Tata said this was “on the back of continued overwhelming response for Land Rover products and the newly launched XJ”.
The company said: “With the positive market reception of the enhanced product range in an improved market environment, as well as continued cost reduction efforts, the business was able to show sustained quarter on quarter improvement towards solid profitability in the quarter.”
