Pursuits
Jaguar Land Rover Seeks 'Fair' Support for Carmakers After Brexit
- Luxury producer backs Nissan call for supply-chain investment
- U.K. manufacture of parts such as gearboxes unlikely, CEO says
Jaguar Land Rover Can't Influence Politics, CEO Says
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Jaguar Land Rover Chief Executive Officer Ralf Speth backed Nissan Motor Co.’s calls for extra funding for car-parts makers in the wake of last year’s Brexit vote, while cautioning that there must be “fair play” for all U.K. automakers.
The 100 million pounds ($123 million) that Nissan this week told Parliament should be spent on luring component suppliers to Britain would be “absolutely” welcome, Speth said Wednesday, adding: “The closer the supply chain, the more beneficial it would be.”