Saturday, August 30, 2008

LAND ROVER CUTS BACK PRODUCTION

British carmaker Land Rover, recently taken over by Indian industrial giant TATA, has told employees it will scale back production because of a slowdown and credit crunch.

They are avoiding a backlog because of market conditions in Britain and the United States. Production will go from 5 days to 4 and the night shift will be halted. Land Rover employs around 5000 people in England.

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