Sunday, March 10, 2013

Jaguar Land Rover investing more in technology and innovation


In its 65th anniversary year, Jaguar Land Rover recently announced plans for further investments in technology and innovation at the Geneva International Motor Show.

This includes the introduction of 8 new or updated products this year and £2.75 billion (US$4.2 billion approx. ) investment in new product development. They are also increasing total investment to more than £500 million (approx. US$755 million) to their state-of-the-art Engine Manufacturing Center in the UK, doubling the number of jobs to 1,400.

The new model releases will include the world's first 9-speed transmission in a passenger vehicle, alongside its new all-electric Defender research vehicles. The Jaguar XFR-, which is their Jaguar's fastest and most powerful sports saloon car, also makes its eagerly awaited European debut alongside the new two-seat sports car, the Jaguar F-TYPE.

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