-3.55 (-1.08%) Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has reportedly shut down its UK plants for five days on April 08, related to Brexit preparations.
The shutdown was announced in January in anticipation of a potential Brexit disruption when Britain had been expected to leave the EU on March 29.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.