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Market Oracle FREE Newsletter

Stock Market Trend Forecast Oct - Dec 2019 by Nadeem Walayat

Jaguar Land Rover to Start Dumping Production of Car's in Eastern Europe

Companies / Auto Sector Jun 20, 2018 - 08:15 PM GMT

By: N_Walayat

Companies

Land Rover owners and drivers got some very bad news this week as Indian (Tata) owned Jaguar Land Rover (JLR) announced it's intentions to start dumping production of their cars in Eastern Europe, specifically Slovakia starting with the Discovery Model with the loss of about 1000 jobs in the UK that is in addition to 1000 job losses announced in April, so this year has seen JLR slash 2000 jobs or prospective Land Rover buyers from the UK. JLR is the UK's largest remaining car manufacturer and so in the name of 'saving money' they are going to transfer production to factories in eastern europe.


Unfortunately this news does not bode well in terms of the quality of build for what emerges from the eastern european plants, for already the likes of the Discovery Sport (which I have experience of) does not live upto expectations which whilst looking great and driving well, however is let down in terms of quality of build and MPG which can only get worse for all of the models being transferred to eastern europe no matter what spin JLR puts on this weeks news.

So a big thumbs down from this and likely many other Land Rover owners, as I definitely won't be buying any models built in eastern europe!

Meanwhile, here's my "The Good the Bad and Ugly 3 Month Owners Review" for the Land Rover Discovery Sport that also is likely to see it's production transferred to Eastern Europe.

Land Rover Discovery Sport, The Good Bad and Ugly 3 Month Owners Review

Buying a Land Rover Discovery Sport HSE Black

And here's of what a 'real' customer can expect when buying from a main Land Rover dealer (Inchcape Chester). The 'REAL' experience of what to expect over the usual 'approved used' sales pitch.

Approved Used Land Rover Main Dealer Real Customer Buying Guide - Hunters, Chester

The bottom line is if JLR wants to transfer production to Europe then do it Germany who at least know how to build cars properly!

Remember to subscribe to our youtube channel for new videos in this series and see our play list of over 40 existing Land Rover videos.

Buying an Approved Used Land Rover Discovery Sport - Guide

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2018 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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