Car manufacturer Jaguar Land Rover, which was acquired by Indian group Tata Motors from Ford in 2008, is apparently to begin assembling vehicles in China. As outlined by chief executive Carl-Peter Foster “We will need to manufacture at least two models in China.”
“We’ll take one to two years to set it up, but first we will need a partner.”
The organization explained the move into China isn’t a transfer from the United kingdom, where it is intending to employ an additional 1,000 short-term personnel, connected to the manufacture of a scaled-down Range Rover model due in 2011.
Jaguar Land Rover has in recent months witnessed a major boost in worldwide sales throughout its Land Rover 4wd vehicle marque (which includes the Range Rover models) with global sales of Land Rovers and Range Rovers totalling 14,350 in April, 89% greater than the same month in 2009. In March, Land Rover witnessed its biggest UK sales in the brand’s 62 year history, thanks in part to the heavy snowfall that occurred throughout Britain during the harsh winter. On the down side sales by the Jaguar side of the company were less than encouraging.
Jaguar Land Rover came back to profitability in the last 3 months of 2009, recording a profit of £55m, following on from a loss of £60m in the previous 1 / 4 that owner Tata put down to more robust worldwide market conditions.
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