Jobs to go at Stadco Coventry

Jobs to go at Stadco Coventry

28/10/2004 in All News

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A Coventry based automotive manufacturing firm which provides parts for MG Rover, Jaguar, Land Rover, Aston Martin and Bentley, looks set to axe up to 100 jobs.

Stadco is looking to make redundancies at its Holbrook Lane plant following a dip in orders for vehicle body parts.

The company, who took over the operation from the crisis hit Mayflower Vehicle Systems four months ago, is to enter into consultation with trade unions over the job cuts from Monday (November 1).

Stadco says a maximum of 90 posts will be axed, most of them voluntary redundancies.

A spokesman for the firm says: “Due to reductions in volumes at Stadco Coventry, the company will have to conduct a review of the business which will require a head count reduction across all of the manufacturing areas on the site.

A Coventry based automotive manufacturing firm which provides parts for MG Rover, Jaguar, Land Rover, Aston Martin and Bentley, looks set to axe up to 100 jobs.

“We hope most of the redundancies will be done voluntarily.”

The Shrewsbury-based company employs more than 500 workers at its Coventry plant.


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Jaguar

The Jaguar brand will be a very different beast in 2015 as it returns to the volume market with the arrival of the XE.

The initial reception has been overwhelmingly positive and if desire is converted into orders, then this could rapidly propel Jaguar towards the market share achieved by its German rivals, who all comfortably sell in excess of 100,000 units a year, close to 10 times Jaguar's current annual registrations.

The pace of change will continue through to 2016, when the first Jaguar SUV arrives.

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Land Rover

Land Rover's latest move into the mainstream comes this year with the launch of the Discovery Sport, with prices expected to start from less then £30,000.

This model will play a key role in driving renewed growth, which slowed to 2.8% last year after sales growth of nearly 50% since 2011, thanks mainly to the Range Rover Evoque, the brand's fastest selling model ever.

Future model growth will be based around three key pillars of Range Rover, Discovery and Defender, with each family featuring a unique characteristic.

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