Tata confirms it will close JAguar or Land Rover Plant
09-27-09, 08:04 PM
#1
Lexus Fanatic
Thread Starter
Tata confirms it will close JAguar or Land Rover Plant
Despite Jaguar unveiling stunning new models such as the 2010 XF and XK range, and sales of the Range Rover luxury SUV still going strong, the Jaguar Land Rover duo was still unable to turn a profit for 2008, even coming from a positive start to the year, and 2009 looks to be no different.
Tata, parent company to the premium British brands, remains confident that both will eventually be profitable but admits drastic cutbacks need to be implemented. Today, the Indian conglomerate confirmed that it will close one of the three Jaguar Land Rover assembly plants in the UK by 2014 in a bid to move the money-losing British unit into profitability.
No final decision has been made but the company stated that it will either close a factory in Castle Bromwich, which makes Jaguars, or a site in Solihull, which makes Land Rover models. The bean-counters are currently reviewing which plant should be closed and are expected to make a decision by the first half of next year.
The Castle Bromwich site employs around 2,000 staff while Solihull makes do with almost 5,000.
It’s not all bad news as Tata will essentially be consolidating the two plants into one, although job losses will be significant. Furthermore, Tata has stated that there will be no compulsory layoffs and new jobs will be created at the Halewood factory in 2011 when its starts building the upcoming 2012 Range Rover LRX.
Tata, parent company to the premium British brands, remains confident that both will eventually be profitable but admits drastic cutbacks need to be implemented. Today, the Indian conglomerate confirmed that it will close one of the three Jaguar Land Rover assembly plants in the UK by 2014 in a bid to move the money-losing British unit into profitability.
No final decision has been made but the company stated that it will either close a factory in Castle Bromwich, which makes Jaguars, or a site in Solihull, which makes Land Rover models. The bean-counters are currently reviewing which plant should be closed and are expected to make a decision by the first half of next year.
The Castle Bromwich site employs around 2,000 staff while Solihull makes do with almost 5,000.
It’s not all bad news as Tata will essentially be consolidating the two plants into one, although job losses will be significant. Furthermore, Tata has stated that there will be no compulsory layoffs and new jobs will be created at the Halewood factory in 2011 when its starts building the upcoming 2012 Range Rover LRX.
09-27-09, 08:59 PM
#2
Racer
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Poor poor Tata. 
Can't say I didn't see this coming as I said before they are in for some punishment buying those two companies. I wonder how long they can keep this up until they resort to selling it or find a way to clunker it to the scrap yard. 
Can't say I didn't see this coming as I said before they are in for some punishment buying those two companies. I wonder how long they can keep this up until they resort to selling it or find a way to clunker it to the scrap yard.
09-28-09, 01:20 AM
#3
Lexus Fanatic
Thread Starter
I cant believe they thought they would get the company to turn a profit .Even the new XF has been listed as having many issues and annoying quirks since starting the long term test in two big auto publications. They had a name, but unlike Cadillac they are not making a strong comeback
09-28-09, 07:51 AM
#6
Lexus Champion
Alright fine........as long as production stays in England (as they are British brands).
Cause if not, then all hell will break loose.
Seriously though, I hope their not thinking of sending production to India. I can't imagine Jaguar vehicles like the XF and XJ and XKR being built one the same production line as the..........Tata Nano.
Good god
I swear, if Jags and LRs will be made by Indians, then people can forget about buying into the brand.
British brands must be made by British people in Britain.
Cause if not, then all hell will break loose.
Seriously though, I hope their not thinking of sending production to India. I can't imagine Jaguar vehicles like the XF and XJ and XKR being built one the same production line as the..........Tata Nano.
Good god
I swear, if Jags and LRs will be made by Indians, then people can forget about buying into the brand.
British brands must be made by British people in Britain.
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09-28-09, 10:48 AM
#9
Lexus Fanatic
09-28-09, 11:00 AM
#11
Lexus Test Driver
09-28-09, 06:01 PM
#12
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I've said for awhile sadly Jag may bite the dust, even with improved products. I read recently they said they are profitable at 150k units a year but I don't buy that one bit.
Sad if they go...
09-28-09, 10:10 PM
#14
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