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

Jaguar's updated model range looks more confident and profitable without the compact X-Type which dominated sales but did little for the bottom line.

The new XJ and particularly the XF are enjoying sales success, although volumes are under pressure in 2011.

2012 will bring renewed potential for growth when the XF gets a 2.2-litre four-cylinder diesel engine that will deliver expected model sales growth of 10%.

Also in the pipeline is a potential all-new replacement for the X-Type. At the opposite end of the spectrum Jaguar has confirmed that it will build its C-X75 petrol-electric hybrid supercar in partnership with Williams, the Formula 1 team.

The model was first shown at the Paris Motor Show in September 2010 but a production version will now go on sale in 2013 priced from £840,000. There will be just 250 examples available worldwide.

The C-X75 features four 195bhp electric motors – one for each wheel – linked with highly boosted petrol engine.

The 780bhp car will reach 0-62mph in less than three seconds and Jaguar claims it will have less than 99g/km of carbon dioxide emissions.

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Land Rover

Land Rover already looked relatively recession proof even before the arrival of the Evoque prompted frenzied press coverage around the world.

Land Rover expects its Range Rover models, including the Evoque, to account for more than half of its total sales volume in the long-term.

The Evoque compact SUV is the third model in its Range Rover line-up, and it is seeking to make more of its status as a prestige SUV maker as well as its heritage as a functionality-led 4x4 manufacturer.

The challenge is to ensure the brand retains its core off-road values, particularly with its plans for an eye-catching replacement for the ageing, utilitarian Defender planned for 2015.

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