After a long and tiring HQ move we are back on-line as things get back to normal. So now we can bring you the latest Jaguar happenings - such as this.
Jaguar Land Rover, Britain’s largest vehicle manufacturer, has reaffirmed its commitment to battery manufacturing plans despite laying off around 10 percent of its workforce.
"Later this year, next-generation Electric Drive Units (EDU) will be produced at the company’s Engine Manufacturing Centre in Wolverhampton,” the company said in a statement this month. “These EDUs will be powered by batteries assembled at a new Jaguar Land Rover Battery Assembly Centre located at Hams Hall, North Warwickshire, reinforcing the company’s commitment to the West Midlands and the U.K.”
The announcement came as the company unveiled plans to cut its global workforce by 4,500 employees as part of an effort to achieve a GBP £2.5 billion ($3.2 billion) reduction in costs over 18 months. The job cuts, on top of 1,500 layoffs in 2018, follow a perfect storm of falling Chinese and diesel sales combined with doubts over U.K. competitiveness after Brexit.
“Our results were undermined by slowing demand in China, along with continued uncertainty in Europe over diesel, Brexit and the WLTP [worldwide harmonized light vehicles test procedure] changeover,” said Jaguar Land Rover’s chief executive, Professor Dr. Ralf Speth, last October.