Carmaker Jaguar Land Rover (JLR) is reducing output at the Solihull and Halewood factories, due to ongoing problems obtaining enough computer chips for new vehicles.
Until the spring, JLR will focus on more profitable models such as the Range Rover. However, Jaguar F-Pace and Land Rover Discovery Sport are expected to be affected.
Figures from the Society of Motor Manufacturers and Traders (SMMT) stated that UK car production still remains well below levels seen before the pandemic, despite an increase in October.
In the wake of the Covid Pandemic, supplies from East Asia have been heavily disrupted and carmakers have faced intense competition for available supplies from other industries, leaving customers for $100,000 Range Rovers waiting more than a year for their vehicles, with sales suspended for some variants.
JLR is a subsidiary of Indian owner Tata since 2008, currently looking to fill the new chief executive role for the business.
Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.
Amazon.com IncĀ is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.
Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.
The UAE and India have reviewed the progress of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries that aim to advance bilateral trade towards a shared goal of $100 billion.