Jaguar Land Rover begins Brexit-linked UK plant shutdowns
The five-day shut down is to prepare for any Brexit-related disruption at Britain's biggest carmaker
London — Jaguar Land Rover (JLR) shut its UK plants on Monday for five days over Brexit, adding to other shutdowns to leave at least half the country's car production off-line in what could be a pivotal week for Britain's divorce from the EU. The move was intended to prepare for any Brexit-related disruption at Britain's biggest carmaker, which on Monday also reported a fall in global sales. The decision was taken a few months ago at a time when the departure date — since extended to April 12 — was March 29. Automotive firms face several possible risks under a disorderly Brexit, including delays to the supply of parts and finished models, new customs bureaucracy, the need to recertify cars and an up to 10% tariff on finished vehicles. British Prime Minister Theresa May's efforts to obtain a longer extension have also ruined contingency plans for some of them. Shutdowns are generally organised far in advance so staff holidays can be scheduled and suppliers adjust volumes, making th...
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