Daily Management Review

Jaguar Land Rover to stop production in the UK because of Brexit


The company intends to suspend production in the UK due to the exit of the Kingdom from the EU.

Jaguar MENA via flickr
Jaguar MENA via flickr
Jaguar Land Rover decided to suspend production in the UK because of Brexit. Four factories of the company will halt the operation in the first week of November in order to mitigate the consequences of a failure in the supply of components. At another enterprise, production will be temporarily reduced.

According to the company CEO Ralf Speth, Jaguar Land Rover needs 20 million spare parts daily, and the uncertainty surrounding Brexit puts their regular supply at risk.

“We can't think about it, we just have to do it,” Speth added.

Jaguar is not the only company fearing supply disruptions: Toyota announced a forthcoming production shutdown in August. BMW is planning to pause on October 31.

Boris Johnson promised to withdraw the country from the European Union with or without a deal on October 31, and the latter option carries a lot of risks for the British industry. The lack of an agreement could disrupt the supply chain, and therefore, hit production. However, the question of whether Brexit will take place at all remains open.

source: bbc.co.uk

Science & Technology

WEF: Big data regulation becomes a problem

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Google Used Quantum Computer To Solve Complex Problem

Mars Had Earth-like Salt Lakes

Study: AI is not as profitable as you might think

Porsche, Boeing set to develop flying electric car

Samsung to invest $ 11 billion in new generation displays

US is betting on Nokia and Ericsson to replace Huawei

UPS becomes first to receive full regulatory approval for UAV shipping in USA

NASA orders Lockheed Martin to build spacecraft to fly to the Moon

World Politics

World & Politics

Vale hiding information about problems at Brazilian dams could result in death of 270 people

US Lawmakers Introduce Bill About Xinjiang Uygur Camps In China

European Council agrees to extend Brexit again

Pressure From China Forces Maserati To Dissociate From Film Awards Event In Taiwan

China to replace Hong Kong's Carrie Lam

Iran warns of new reduction in nuclear deal liabilities

Dominican Republic lost $ 200 million because of scandal with tourists death

France: We will take measures to protect our military in Syria