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.
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
The second round of trilateral talks between Russia, Ukraine and the United States has begun in Abu Dhabi, as diplomatic efforts continue to advance the political process towards resolving the crisis.
A new initiative is set to expand artificial intelligence education across Dubai’s private schools, aiming to equip students with essential AI skills for the future.