Switch Mobility to shut down a UK plant

Switch Mobility Limited, U.K. (Switch UK), a step-down subsidiary of Ashok Leyland, has decided to initiate talks with the employees to shut down its manufacturing facility at Sherburn in the U.K.

Listen to this article

The facility makes electric buses. Switch Mobility has a presence across the U.K. and Europe.  “In the wake of continuing general economic uncertainty within the overall bus manufacturing sector in the U.K. and consequent inability to derive the benefits of scale, the Board of Directors of Switch UK today (on Wednesday) approved commencement of consultation process with the employees which could potentially lead to cessation of its manufacturing and assembly activities at its Sherburn facility,” Ashok Leyland said in filing with the stock exchange.

 “Switch UK has no plans to exit the UK market. It will execute and complete all the orders on hand and will continue to provide aftermarket and service support from two other facilities in Rotherham and Thurrock for the existing vehicle,” Ashok Leyland further said.

Ashok Leyland Ltd., the flagship company of the London-based Hinduja Group, it may be recalled, acquired 26 per cent stake in Optare plc, a leading bus manufacturer in the U.K, sometime in 2010. It increased its holding subsequently and renamed it as Switch Mobility later.

Latest

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions...

Newsletter

Don't miss

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions...

TCS lands major deal from Porsche

The acquisition will strengthen TCS’ presence in the German...

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended the Mines and Minerals (Development and Regulation) Act, 1957 (“MMDR”), to restrict the imposition of...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced in August 2022. Since then, people in and around the village have been protesting and...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in the inaugural Economic and Financial Dialogue with H.E. Mr. François-Philippe Champagne, Minister of Finance and National Revenue...