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

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Newsletter

Don't miss

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Retail Inflation crosses 4% in June

“Food inflation contributed 185 basis points (bps), while non-food...

India Post records highest ever Q1 revenue

The Minister held Business Review Meeting with all 23 Circles of India Post, which reviewed performance and charted the roadmap for the months ahead. India...

MRF ranked India’s most valuable tyre brand

The company also featured among the Top 50 most valuable brands in India across sectors in the report. Brand Finance India report, unveiled under the...

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas Investment B.V and the transaction is amongst the largest acquisitions in India’s renewable energy sector...