Jaguar Land Rover Cuts UK Production on Chip Shortages
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Jaguar Land Rover is reducing vehicle output in the UK through March.
Jaguar Land Rover is reducing vehicle output in the UK through March, as the carmaker prioritizes making higher-margin models because of semiconductor shortages, according to a person familiar with the matter. The loss-making manufacturer, owned by India's Tata Motors Ltd., will cut production of the Range Rover Velar and Jaguar F-Pace models that are made in Solihull, while ramping up output of its most lucrative models, the Range Rover and Range Rover Sport, the person said asking not to be identified discussing operational issues. JLR may also reduce production at its Halewood plant where it makes the more affordable Evoque and Discovery Sport models, though a final decision hasn't been made, the pers...