Brief: British Automotive Holding Units Receive Letter From Jaguar Land Rover Deutschland

British Automotive Holding w Upadlosci SA

06/03/2020 09:06

March 6 (Reuters) - British Automotive Holding SA  BAHP.WA :
    * SAID ON THURSDAY THAT ALL ITS UNITS CONDUCTING SALES AND
SERVICING OF JAGUAR AND LAND ROVER CARS (DEALERS) HAVE RECEIVED
A LETTER FROM JAGUAR LAND ROVER DEUTSCHLAND (JLR) WITH REFERENCE
TO IMPORT DEAL EXTENSION FROM JAN 20  urn:newsml:reuters.com:*:nFWN29P0MU  
    * IN THE LETTER JLR DECLARES THAT WORKS ARE CARRIED OUT
AIMING AT
SECURING UNINTERRUPTED OPERATION OF EACH DEALER AFTER THE IMPORT
ACTIVITY OF BRITISH AUTOMOTIVE POLSKA (BAP) IS TERMINATED   
    * THE LETTER ALSO INCLUDES AN ASSURANCE THAT BY MARCH 31,
2021 THE
DEALERS' ACTIVITY WILL BE CARRIED OUT AS BEFORE ON THE BASIS OF
CONTRACTS SIGNED WITH BAP AND AS OF APRIL 1, 2021 THIS ACTIVITY
WILL BE CARRIED OUT BASED ON NEW, INDIVIDUAL CONTRACTS
NEGOTIATED BY JLR   

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMsNk0Sa
    
 Further company coverage:  BAHP.WA  
   


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