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Chip shortage closing two Jaguar Land Rover plants

Jaguar output at Castle Bromwich (file photo) and Halewood is affected
Tata Motors Jaguar Land Rover (JLR) is yet another automaker shutting factories temporarily due to a shortage of microprocessors.
JLR told the BBC there would be a limited period of closure at its Halewood (Land Rover Discovery Sport and Range Rover Evoque) and Castle Bromwich (Jaguar) sites from Monday. Solihull (Range Rover) is not affected at the moment. Land Rover Defender and full-size Discovery are assembled in Slovakia and Magna Steyr in Austria builds the Jaguar i-Pace.
JLR said in a statement cited by the BBC: We have adjusted production schedules for certain vehicles which means that our Castle Bromwich and Halewood manufacturing plants will be operating a limited period of non-production from Monday 26 April. ....

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Nifty, Sensex will follow global cues on tech stocks and inflation – Weekly closing report

Nifty, Sensex will follow global cues on tech stocks and inflation – Weekly closing report
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

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GKN jobs axe, battery breakthrough, JLR results - the week

Good Q3 results from JLR this week
British labour body, Unite, says proposals by GKN to shutter its plant in the UK Midlands city of Birmingham with the potential loss of 519 jobs, has left the workforce shocked and angry. The union has also raised concerns surrounding the possible loss of skilled production from Britain at the site, which produces drivelines for GKN, but the supplier insists the factory is no longer viable in an increasingly competitive global market. Unite is at the moment highly concerned highly skilled manufacturing jobs could be lost from the UK and transferred to factories in Europe, a Unite spokesman told ....

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