Jaguar Land Rover: China approves joint venture

by liamssoft | November 18, 2012 at 01:39 pm
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Jaguar Land Rover: China approves joint venture - feat_ Mike Rutherford

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Jaguar Land Rover: China approves joint venture - feat_ Mike Rutherford

Jaguar Land Rover is to make vehicles in China for the first time after Beijing approved a £1bn joint venture.

The West Midlands-based luxury carmaker agreed a "milestone" deal with Chery Automobile and will build a plant near Shanghai, which is due to open in 2015.

JLR said any cars produced would be in addition to its existing output, and it had no intention of moving its manufacturing base out of Britain....Read more

bbc.co.uk

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