The Company and Trade Unions have jointly agreed to take an extended adjournment of the 2018 JLR Pay and Conditions Negotiations.
Developments which have resulted in challenges in the market and weak performance in recent times include:
- More difficult market conditions in China following import duty changes and escalating trade tensions with the US
- Consumer confusion on diesel and emissions regulations
- Uncertainty surrounding Brexit
The Company and the Trade Unions will meet regularly for Strategic Business Reviews to monitor these developments and we will reconvene the pay talks once the Company and the JNC have gained further clarity on market conditions and the outcome of Brexit over the coming months.
We jointly believe that, at this moment in time, this is the most sensible approach and will help to protect both the business and our workforce.