Indian-owned luxury car manufacturer Jaguar Land Rover will plough £600 million into advanced car manufacturing in Britain. The world famous British brand, which was bought by India’s Tata Motors for £1.55 billion from Ford in 2008 at the height of the global financial crisis, said the investment showed its commitment to Britain’s resurgent car industry.
Jaguar Land Rover continues to demonstrate its unwavering support to the British automotive industry through sustained investments in advanced research, technology and innovation.
Jaguar Land Rover chief executive Ralf Speth
The largest portion of the investment is focused on the Castle Bromwich site in the West Midlands, where £320 million will complete its development into “a global centre of excellence for lightweight vehicle manufacturing”, a company statement said. The announcement came after a plan to double a design and engineering centre in Whitley in the West Midlands was revealed, part of a drive to create low-emission vehicles.
This investment, made here in the heartland of our UK business operations, signals the confidence we have in this region to support the creation, engineering and manufacturing of ultra-low emission, premium British products, today and in the future.
Ralf Speth