JLR China plant shut down extended till 17th Feb, Q4 earnings set to be hit

As per the guidelines of the local authorities following the coronavirus outbreak in China, Tata Motors’ Jaguar Land Rover subsidiary has extended the shutdown of its manufacturing operations in China till Februrary 17. A two-week shutdown at JLR China will potentially affect 16% of its quarterly volume, based on the numbers so far this year.

from Auto-Industry-Economic Times https://ift.tt/2uGLPcq