Brexit impact: Jaguar Land Rover ‘committed to investment decisions’


INDIAN automaker Tata Motors Limited’s British luxury arm Jaguar Land Rover will remain committed to all its manufacturing sites and investment decisions, a company spokeswoman said in a statement today (24). Earlier this morning Britain voted to leave the 28-nation European Union bloc and prime minister David Cameron announced he would step down to make way for a new leader by early October. Jaguar Land Rover, Britain’s biggest carmaker, relies on Europe for about 20 per cent of its global sales. “Europe is a key strategic market for our business … we remain absolutely committed to our customers in the…

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