Tuesday, September 10, 2013

Jaguar Land Rover announces £1.5 billion investment

Dr. Ralf Speth, Chief Executive Officer of Jaguar Land Rover today announced the major investment approaching £1.5 billion at the Frankfurt Motor Show. This will also include the creation of 1,700 new jobs at their Advanced Manufacturing Facility in Solihull, UK. This brings the total number of UK manufacturing jobs announced by Jaguar Land Rover over the last three years to almost 11,000. The car maker owned by Tata plans to deliver an enhanced range of models for both the Jaguar and Land Rover brands in new segments and markets.

The first new model to utilise the new technically-advanced aluminium vehicle architecture will be an all-new mid-sized sports sedan from Jaguar which is expected to be launched in 201. This vehicle will feature the first engine to be built at Jaguar Land Rover’s new £500m Engine Manufacturing Centre. The plant will build the new family of high-output, fuel efficient petrol and diesel engines for Jaguar Land Rover.

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