Jaguar Land Rover said “today is just business as usual”, following the UK referendum on Thursday (23 June) which will see the country leave the EU.
“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,” the Tata Motors-owned luxury car maker said.
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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.
“Europe is a key strategic market for our business, comprising 20% of global sales, and 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. We look forward to working with the British government and the automotive sector to ensure that the UK’s automotive industry remains as competitive as ever, and that negotiations between the UK government and the EU will continue to recognise the importance of car manufacturing to the UK and European economies,” the automaker said in a statement issued by Tata.
What does ‘Brexit’ mean for the auto sector?
