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Japanese earthquake - May hit component supplies to JLR
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Tuesday, 17 May 2011
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BS reported that Jaguar Land Rover Plc, the wholly owned subsidiary of TATA Motors, has said it could face supply disruptions following the recent earthquake and tsunami that hit Japan, crippling the local auto parts industry.

TATA Motors stated in a disclosure to the United States' Securities and Exchange Commission that “TML is monitoring the impact of the recent disasters in Japan. There is a risk JLR may face supply chain disruptions in future.”

The two UK-based brands that make luxury sedans and sports utility vehicles, however, also clarified, "At present, JLR has not suffered any production shut downs or delays due to supply chain disruptions. However, the situation in Japan continues to evolve."

It remains unclear what kind of components are imported by the two brands from Japan.

JLR is the latest in the list of companies which have announced a likely impact on operations due to crunch in auto component supplies from Japan. Toyota, the world's biggest car maker, followed by Honda and Nissan, among several other Japanese automotive brands, have cut production by more than a third since the component shortage crisis began.

(Sourced from BS)

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