No UK port problems so far for Jaguar Land Rover
Reuters
Published Dec 24, 2020 02:27AM ET
Updated Dec 24, 2020 03:25AM ET
(Reuters) - Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors (NYSE:TTM) said on Thursday, even as many countries cut transport ties with Britain due to a fast-spreading new variant of the coronavirus.
Tokyo-listed Honda Motor Co Ltd had to stop output at its British factory earlier this month because of transport-related delays that caused a shortage of parts. It resumed production about a week later.
The COVID-19 pandemic has compounded issues that were already plaguing carmakers ahead of Brexit, with the looming end to the transition period widely expected to cause delays at ports regardless of the outcome of talks on a trade deal.
Jaguar Land Rover halted production at its British factories for a week in November last year to mitigate any potential impact from a no-deal Brexit ahead of the then Oct. 31 deadline.
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Written By: Reuters
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