Posted on 11/18/2012 6:32:52 PM PST by traumer
Iconic cars to be built in Communist country in £1bn deal Manufacturer says 25,000 UK jobs are not under threat Sales have risen in China by 80% this year
Jaguars and Land Rovers are to be built in China for the first time in a £1billion deal. Jaguar Land Rover said the joint venture with Chery, the sixth largest car-maker in China, will not mean lost jobs in the UK, where it employs 25,000 workers.
The first models to shift production are likely to be the Land Rover Freelander and Defender 4x4s, with luxury Jaguar limousines set to follow.
It also involves the creation of a separate range of vehicles – under a different brand name – specifically for the Chinese market. A newly built factory near Shanghai will start production in 2014. It is the first time JLR cars have been manufactured from scratch abroad – rather than assembled in kit form from parts made in Britain and shipped out.
China is now the world’s biggest car market with sales last year totalling 18.5million vehicles.
(Excerpt) Read more at dailymail.co.uk ...
Thats good to hear, mine is 2005 S Type and has been a great car.
Yeah mine is an S too.
Couldn’t be worse than cars built by UAW workers.
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