Sunday, May 30, 2010

Tata plans to build Jags & Land Rovers in China

Well, it is not a surprise that Tata is planning to build Jags and Land Rovers in China, as it seeks to cut costs and increase sales in emerging markets. Germans have done the same, but there is a big difference... no factory was closed in Europe. 

You can read below an abstract from the article as published by Bloomberg.

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Tata will start Chinese manufacturing with Land Rover models and in the future, Jaguar and Land Rover  would eventually produce as many as 40,000 vehicles combined, Chief Executive Officer Carl-Peter Forster said at a press conference in London, declining to specify a target date.

Setting up production in China would require one to two years after the company made any decision on partners and a location, Forster said. The division will decide by �mid-year� on which of two plants in England will remain open as the company consolidates production, Forster said. The factories are in Castle Bromwich, where the Jaguar XJ and XK cars are made, and Solihull, where Land Rover SUVs are built.

Source: Bloomberg
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