Wutputt
09-17-2004, 01:17 PM
As already mentioned in the 'Auto Ideas' topic, Ford closes Jaguar’s Brown’s Lane factory in Coventry. Brown’s Lane, where Jaguar’s were built since 1951. The production of the XJ and XK series will move to Castle Bromwich Birmingham. This isn’t the only bad news for Jaguar. Today Ford also declared they decided to shut down their F1 programme.
The reason for the shut down of the factory are big loses and disappointing sales figures in the US, were 50% of Jaguars are sold. This is mainly due the high currency rate of the British Pound vs the low one of the Dollar and the fact Jaguar hasn't any SUV in is model line up. Ford wants to cut cost by 120 million euros. In the Brown’s Lane factory work approximately 2000 people. 1150 jobs will be lost. 425 employees will be transferred to the Castle Bromwich in Birmingham, were the S-type is built. The Halewood factory will continue to build the X-types and next year also the Land Rover Freelander.
In Coventry, the centre of Jaguars heritage, no Jaguars will be built anymore, but the headquarters will stay. Also the Jaguar Daimler Heritage Trust museum will stay. And the 330 employees of the woodworking division, which makes wooden trims for Jaguar, Aston Martin and Land Rover, will keep their jobs.
The reason for the shut down of the factory are big loses and disappointing sales figures in the US, were 50% of Jaguars are sold. This is mainly due the high currency rate of the British Pound vs the low one of the Dollar and the fact Jaguar hasn't any SUV in is model line up. Ford wants to cut cost by 120 million euros. In the Brown’s Lane factory work approximately 2000 people. 1150 jobs will be lost. 425 employees will be transferred to the Castle Bromwich in Birmingham, were the S-type is built. The Halewood factory will continue to build the X-types and next year also the Land Rover Freelander.
In Coventry, the centre of Jaguars heritage, no Jaguars will be built anymore, but the headquarters will stay. Also the Jaguar Daimler Heritage Trust museum will stay. And the 330 employees of the woodworking division, which makes wooden trims for Jaguar, Aston Martin and Land Rover, will keep their jobs.