Bentley and Jaguar Land Rover
announced that they will temporarily halt production operation in manufacturing
plants in the UK due to the Spread of the Coronavirus.
Jaguar Land Rover
officials said, The company will suspend its production operation next week and
it plans to continue production operation in the factory on April 20, 2020. In
England, the company has an engine plant and three Car plants. Moreover, the
company stated in an email, the production operation will remain to continue in
vehicle manufacturing facilities located in Brazil and India.
On Wednesday, The Tata Motors
officials said that it will stop their production operation till Friday at its
plants in Slovakia and Nitra due to the outbreak of coronavirus across the
globe.
Bentley officials also announced
that the company is going to suspend its production operation in the
manufacturing facilities in England and Crewe from Friday, resume its
production after four weeks.
The Volkswagen group which is
famous for manufacturing ultra-luxury vehicles produces about 11,000 vehicles
per year. The company officials said that it suspend production operation in
factories because of the protection of the health of its workforce and also due
to the decreasing demand for the vehicle in the market.
After the difficult year of 2018
due to a decrease in sales of vehicles in the market, the automakers had
returned to the profit last year but the coronavirus hit the auto industry
severely said by CEO of Crewe, Adrian Hallmark. He also said that the Crewe
production facility will reopen on April 20.
On March 17 in a statement, the
Volkswagen Group said the brand achieved its goal of 3.1 percent operating
return on sales and generated sales revenue of 2.1 billion euros ($2.3billion) last
year. Bentley face loss of 288 million euro ($308 million) in 2018 and they
swung to 65 million euro ($ 70 million) profit on operating return last year.
Now All the auto manufacturing companies are going to face huge losses because
of coronavirus pandemic, result, a decline in demand for vehicles in the market
and suspension of the production operation.
Description:
Both automakers said they aim to resume production in the
week of April 20 as they take steps to slow the spread of the coronavirus.
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