Jaguar Land Rover calls Brexit day ‘business as usual’

Brexit has happened, impacting global economy and businesses world over, but Tata Motors-owned Jaguar Land Rover has said that it’s "business as usual" for them, and that they are ready to manage the long-term effects of the decision. It added that "nothing will change" overnight, neither for the company itself nor for the automotive industry.

"For Jaguar Land Rover, today is just business as usual. We are a British business with a strong manufacturing base in this country, we call Britain home and we remain committed to all our manufacturing sites and investment decisions," said a JLR statement.

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"We respect the views of the British people and in line with all other businesses, Jaguar Land Rover will manage the long-term impact and implications of this decision: nothing will change for us, or the automotive industry, overnight," it added.

The company termed Europe as a marker of significant strategic importance, which comprises of 20% of its global sales.

"We remain absolutely committed to our customers in the EU. There will be a significant negotiating period and we look forward to understanding more about that as details emerge," a spokesperson from JLR said.

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