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Jaguar Land Rover to cut output and jobs due to Brexit, diesel slump - source

Reuters  |  LONDON 

(Reuters) - Britain's biggest carmaker will cut around 1,000 jobs and production at two of its English factories due to uncertainty around and confusion over diesel policy leading to a fall in sales, a source told

Output will be cut at its central English Solihull and Castle Bromwich plants, affecting some 1,000 agency workers, the source said.

JLR did not offer an immediate comment when contacted by

The firm is due to make a formal announcement on Monday, although that could now change, according to the source.

"It's been obvious to everyone that sales have been dropping," the source said.

In January, the firm said it would temporarily reduce production at its other later this year in response to weakening demand due to and tax hikes on diesel cars but did not detail any job losses.

Jaguar sales are down 26 percent so far this year whilst demand dropped 20 percent in its home market as buyers shun diesel, concerned over planned tax rises and possible bans and restrictions in several countries.

(Reporting by Costas Pitas; editing by Stephen Addison)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 18:09 IST