Jlr unaffected by issues at uk port as new covid-19 strain spreads, says tata motors
Jlr unaffected by issues at uk port as new covid-19 strain spreads, says tata motors"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Tata Motors Limited on Thursday issued a statement on the Bombay stock exchange saying that the recent issues at UK ports due to fears of a new strain of COVID-19 have no immediate impact on
the operations and guidance for its subsidiary Jaguar Land Rover. Reassuring its stakeholders, the company said that it sees no such impact for the time being. The company said:
"Jaguar Land Rover has comprehensive contingency planning and actions in place to respond to ongoing COVID challenges and disruption. This is subject to constant review. Recent issues
at UK ports have had no immediate impact for Jaguar Land Rover. Our guidance of improved growth, profitability and cash flows in second half of the year continues to hold." Due to
concerns over a new fast-spreading strain of COVID-19, the UK government announced a fresh lockdown, which disrupted logistics at key ports and led to chaos across the country's border
with France. According to reports, thousands of truck operators rushed for fresh COVID tests, stalling truck movement and leading to a huge pile-up at ports in the UK. A large part of the
company's sales volume growth depends on Jaguar Land Rover, UK revenues but with the new spread it was anticipated that JLR, owned by Tata Motors, would take a hit for the worse, and
take the Indian motor company's stocks down with it. Tata Motors share price fell by over 3% earlier this week amid reports of a new mutant strain of Coronavirus, which is allegedly
even more transmissible, spreading rapidly in the United Kingdom. Tata Motors shares on Thursday were up 5.35 per cent at 72.85 on the Bombay stock exchange at around 1.15 pm.
Trending News
Ooops! Page not found© 2025 IDN. All Rights Reserved....
Column: It was a good win for USC, but Trojans have a long way to go to be great - Los Angeles TimesUSC teammates celebrate after backup quarterback Matt Fink ran for a touchdown during the fourth quarter. (Allen J. Scha...
Let belgaum be with karnataka: raj thackerayRaj Thackeray seems to be on a mission to find a practical solution to the 55-year-old row over Belgaum between Maharash...
Hahn seeks say in l. A. SchoolsLos Angeles Mayor James K. Hahn called Tuesday for the mayor’s office to have more control over city schools, including ...
National league roundup : mets' ojeda gets first victory since accidentBob Ojeda pitched a five-hitter through eight innings for his first victory since nearly severing his left middle finger...
Latests News
Jlr unaffected by issues at uk port as new covid-19 strain spreads, says tata motorsTata Motors Limited on Thursday issued a statement on the Bombay stock exchange saying that the recent issues at UK port...
Performance | veterans affairsFind out how VA Amarillo Healthcare System compares to non-VA health care facilities in your area and nationwide. Compar...
Rewind & reconnoiter: re-examining the sino-russian relationship – war on the rocksIn 2022, Yun Sun wrote “China’s Strategic Assessment of Russia: More Complicated Than You Think,” where she argued that ...
Suasages: chicken with everythingAccess through your institution Buy or subscribe This is a preview of subscription content, access via your institution ...
Making the case for school choice in the suburbsSuburban parents want school choice, too, writes Mike Petrilli of the Fordham Institute, in an online essay. And if poli...