India, Feb. 8 -- Tata Motors Thursday said in case of a "no deal Brexit" JLR will have two to three weeks of plants shutdown in the UK, while its British arm's profitability will be adversely impacted in the long term.
As part of its preparations for a 'no deal Brexit', JLR said in an investor presentation that in the long term the company will have to reassess its manufacturing and sourcing strategy to overcome hurdles.
In the short term, Tata Motors said delays at ports could disrupt import of components into the UK for manufacturing as well as export of finished vehicles.
In order to overcome such a scenario, JLR have "factory downtime" under which it will pull forward five scheduled Easter Holiday beginning April 15 with an additiona...