Jaguar Land Rover warned of potential disruption to its supply chains outside of China, two days after conceding the coronavirus is likely to affect its fourth-quarter performance.
JLR wrote on Friday that it expects the outbreak to impact its fourth quarter results but that it’s too early to quantify. By Sunday it had updated its presentation to add that if disruption continues, supply chains outside China could also be impacted.
The quick revision show how companies are scrambling to respond to both the virus and the growing number of preventative measures put in place in Asia and beyond to halt its spread.
Parent company Tata Motors extended a shutdown of its unit Jaguar Land Rover’s plant at Changshu in China on Friday due to the outbreak.
A spokeswoman for JLR did not immediately respond to a request for comment.
Nissan will temporarily halt production at its plant in Kyushu, southwestern Japan, due to the coronavirus, the Nikkei newspaper said on Monday, as the outbreak starts to strain the global supply chain.
In South Korea, Hyundai Motor, Kia Motors and Renault subsidiary RSM have all announced closures citing disruption to supply of parts from China.
Reuters contributed to this report
