Tuesday, 10 September 2013

Tata Motors' Jaguar Land Rover to invest £1.5 bn in new technology

Tata Motors-owned Jaguar Land Rover (JLR) has announced a major investment boost of £1.5 billion to introduce a technologically advanced aluminium vehicle architecture in a new range of models.
The company will create as many as 1,700 new jobs at its advanced manufacturing facility in Solihull in the West Midlands region of England to meet the requirements of the enhanced product portfolio.
The latest additions will bring the total number of UK manufacturing jobs announced by Jaguar Land Rover over the last three years to almost 11,000.
Jaguar Land Rover global sales up 28 pct in August
"Jaguar Land Rover is a business driven by design, technology and innovation and this investment and level of job creation is yet further evidence of our commitment to advancing the capability of the UK automotive sector and its supply chain," Jaguar Land Rover Chief Executive Officer Ralf Speth said at the Frankfurt Motor Show on Monday.

Sandip Ginodia
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