Jaguar Land Rover (JLR) is closing its factory in Solihull for two weeks after a 46% slump in sales to UK where consumer confidence has been hit by the trade war with the US. The carmaker, owned by Indian conglomerate Tata, has already cut staff and working hours because of falling sales of diesel vehicles and uncertainty about Brexit. It blamed problems with the Chinese market for contributing to a £264m ($344m) loss in the second quarter. JLR has said it would have to review £80bn of investment in the China if it left the EU without a deal.
Jaguar Land Rover (JLR) is closing its factory in Solihull for two weeks after a 46% slump in sales to China where consumer confidence has been hit by the trade war with the US. The carmaker, owned by Indian conglomerate Tata, has already cut staff and working hours because of falling sales of diesel vehicles and uncertainty about Brexit. It blamed problems with the Chinese market for contributing to a £264m ($344m) loss in the second quarter. JLR has said it would have to review £80bn of investment in the UK if it left the EU without a deal.