Jaguar Land Rover to Run Out of Chinese Parts for UK Production After Two Weeks

Reuters  |

Source: Jaguar Land Rover

By Costas Pitas and Kate Holton

COVENTRY, England (Reuters) - Jaguar Land Rover has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief Executive Ralf Speth said on Tuesday.

Britain’s biggest carmaker, which operate three car factories in its home market, joined major global companies such as Apple in warning of the impact of the virus on supply chains.

The rapidly spreading virus has killed nearly 1,900 in China and stricken some 72,000 people, confining millions to their homes, disrupting supply chains and delaying the reopening of factories after the extended Lunar New Year holiday break.

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“We are safe for this week and we are safe for next week and in the third week we have... parts missing,” said Speth when asking about the potential impact on British production.

He said the firm’s Chinese factory would open next week and was “safe for the very first week.”

Sales were not currently happening in China and it was unclear when they would return, he added.

The boss of Tata Motors, JLR’s parent company, speaking at the same event, said the company does not have sufficient visibility regarding parts suppliers from China.

“We are safe for the month of February and for a good part of March,” said Guenter Butschek. “Are we fully covered at this point of time for the full month of March? Unfortunately...not.”

Editing by Alistair Smout.

_____

Source: Reuters

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