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Jaguar Is Planning To Cut Production
7 February 1991
NEW YORK TIMES
COMPANY NEWS; Jaguar Is Planning To Cut Production
AP Published: Thursday, February 7, 1991
The Ford Motor Company's Jaguar subsidiary said it planned to stop production for two of every three weeks until the end of March to cope with declining sales. The decision means all 8,000 hourly production workers will be laid off during the halts at the luxury auto maker's three plants in Coventry and Birmingham, a company official said. The plants make a total of about 800 cars a week.
Jaguar's worldwide sales were off 9.8 percent, at 42,754 cars, in 1990, the company said. Jaguar is scheduled to begin negotiations with trade unions on Thursday in a bid to cut about 1,000 jobs.
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