Swedish agency to help Jaguar Land Rover sell in Europe post Brexit
The Tata Motors-owned company has turned to a certification agency in Sweden to ensure that its cars meet European standards, should the UK leave the European Union (EU) without a deal on October 31 (Photo: OLI SCARFF/AFP/Getty Images).
By:
Radhakrishna N S
BRITAIN’S largest carmaker Jaguar Land Rover (JLR) has secured the support of a Swedish agency to make sure that it can sell its vehicles in Europe after Brexit.
The Tata Motors-owned company has turned to a certification agency in Sweden to ensure that its cars meet European standards, should the UK leave the European Union (EU) without a deal on October 31.
The carmaker will also use an agency in Spain for some approvals.
JLR was quoted by The Sunday Times: “We can confirm we have arrangements in place and know we can continue with European-type approvals when the UK exits the EU.”
The UK automotive companies are concerned over being stopped from selling their cars in other European countries unless they obtain approval that their four-wheelers meet the EU standards after Brexit.
Europe is JLR’s second-largest market after north America with 22 per cent of JLR sales – 127,566 cars – moving to Europe in the company’s latest financial year.
Meanwhile, JLR will close all its UK plants for seven days in November. The decision was made to lessen the impact of Brexit scheduled for October 31.
The loss-making car manufacturer is moving ahead with its £2.5 billion cost-cutting measures.
In 2018, JLR sold 592,708 vehicles in 128 countries.
