Jaguar Land Rover opens first overseas factory
Jaguar Land Rover has opened its first overseas manufacturing facility. The factory in China will make the Rover Evoque with Chery Automobile Company under the first Chinese-British automotive joint venture.
The plant inauguration of Chery Jaguar Land Rover Automotive Company follows the two-year construction of a factory, which is almost 400,000 sq m. Located in the Changshu Economic Development Zone north of Shanghai, the factory is part of a RMB 10.9 billion joint venture investment plan.
Dr Ralf Speth, chief executive officer of Jaguar Land Rover, and Yin Tongyao, chairman and chief executive officer of Chery Automobile Company, welcomed the formal opening of the facility that aims to be the most advanced and efficient car factory in China.
By 2016, the facility is expected to be building three Jaguar Land Rover models with total production capacity of 130,000 units a year.
