Money

last updated: Friday 25 September 2009, 08:49am  Print this page 

Jaguar Land Rover to close factory

Car giant Jaguar Land Rover has confirmed it is to close one of its UK plants.

The firm said it will decide next year whether to shut its site at Castle Bromwich in the West Midlands, which makes Jaguars, or its site at Solihull, which makes Range Rovers.

The company said there will be no compulsory redundancies involved in the closure.

Bosses added that up to 800 new jobs are to be created at Halewood on Merseyside because of a decision to build a new Range Rover.

The firm, owned by Indian giant Tata, employs around 5,000 workers in Solihull, 2,000 in Castle Bromwich and 1,800 at Halewood.

Jaguar Land Rover gave details of a new business plan it said was designed to increase its global competitiveness and respond to the challenges of climate change.

© Independent Television News Limited 2009. All rights reserved.