YaKuZa--BoSs Posted June 6, 2020 Posted June 6, 2020 British registrations have fallen 89% in May and the fall also affects luxury brands The Covid-19 coronavirus crisis is hurting the British car industry and not just that of ordinary cars. Luxury manufacturers, such as Bentley, Aston Martin and McLaren have already announced job reduction measures for around 25% of their workforce due to the drop in activity in these pandemic months. New car sales fell 89% in May, the worst record since 1952 in the UK. The latest company to decide layoffs has been Bentley, which is preparing to cut 1,000 jobs out of the 4,200 available at its factory in the English town of Crewe. The company, which belongs to the Volkswagen Group, is already offering voluntary layoffs to its workers. Bentley CEO Adrian Hallmark, noting that the coronavirus has "derailed" all of the brand's ongoing projects, also said that the pandemic "has not been the cause" of the situation, but that it "has accelerated Bentley made an operating profit of 300 million euros in 2019 and recorded a record result between January and March of this year. Now that business forecasts have sunk, he is cutting production and spending. For its part, Aston Martin announced Thursday that it will cut 500 jobs, representing a fifth of its payroll. This manufacturer does consider that the decision is a direct effect of the crisis caused by the Covid-19 infection. NISSAN WARNING Another major UK automotive agent, dealer Lookers, announced the closure of a dozen distribution centers and a cut in the employment of 1,500 workers. McLaren announced last week a restructuring plan that involves the elimination of 1,200 jobs, representing 25% of its workforce due to the slowdown in demand due to the health crisis. The size of the crisis at British plants could accelerate if the Brexit deal between the United Kingdom and the European Union does not satisfy Nissan. The Japanese manufacturer has said it could shut down the Sunderland plant if the break is abrupt. 2
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