In the News
Jaguar Land Rover reduces production
26th November 2022
News of another blow for Britain's beleaguered car manufacturers: Loss-making Jaguar Land Rover are reducing production at Solihull and Halewood on Merseyside in response to the global computer chip shortage. Not good news for the sector, or the economy more generally.
The ongoing shortage of microchips has forced Jaguar Land Rover to cut the production of cheaper models at at least one of its plants. They will focus production on their more profitable vehicles - the profit motive in action!
The business is owned by the Indian conglomerate Tata and Land Rovers are also manufactured in Slovakia.
You might also like
UK car production collapses to lowest for 66 years
27th January 2023
Economic Growth and Development - Vehicle Manufacturing in Rwanda
26th January 2023
Warburtons battles soaring cost-push inflation
19th January 2023
Is the UK sleep-walking into a food supply crisis?
6th December 2022
The Economics of Britain's Egg Shortage
26th November 2022
Wages and Cost Push Inflation - Chain of Reasoning
Practice Exam Questions
Electric Vehicles - Ford Commits to Insourcing
16th November 2022