complete and comprehensive articles, news and information about electric cars, including hybrid, diesel, and smart cars or alternative Fuel Vehicles, related automotive industry and technology and more
Tuesday, March 19, 2013
Jaguar Land Rover can survive more than before
Jaguar knows how to expand the capacity. It's proven in relation with expanding Jaguar Land Rover.
Luxury carmaker of Jaguar Land Rover plans to increase its investment in engine plant in the UK and doubling the number of employees to about 1,400 people.
This was disclosed by the Jaguar Land Rover chief executive Ralf Speth told a news conference ahead of convening the Geneva auto show. He said the company plans to increase investment in the plant by more than 500 million pounds from the previous plan of 350 million pounds.
These investments are part of the surge in capital expenditure in production facilities Jaguar Land Rover.
In China for example, the company and local partner Chery Automobile is currently building a factory. Even according to the Reuters news agency reported, Jaguar Land Rover has been investigating the potential to produce cars in India.
Jaguar Land Rover is owned by Tata Motors of India, has increased the demand for luxury sedans and SUVs in the last two years, particularly in China and some other emerging markets.
Yet at the same time some European car manufacturers are experiencing trends factory closures and capacity reductions.
