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Home Automobiles

Jaguar announces £600m investment to support product creation, advanced vehicle manufacturing

byCustoms Today Report
29/03/2015
in Automobiles
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LONDON: A British multinational car manufacturer, Jaguar Land Rover has announced that it will invest £600 million to support product creation and advanced vehicle manufacturing.

The largest amount will be at the company’s Castle Bromwich plant in the West Midlands where over £400 million has been spent in new and upgraded facilities to support the introduction of its all-new second-generation XF model.

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Commenting on the firm’s plans, Jaguar Land Rover chief executive Dr Ralf Speth said: “Jaguar Land Rover continues to demonstrate its unwavering support to the British automotive industry through sustained investments in advanced research, technology and innovation.

“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.”

The company said among the most notable investments at the Castle Bromwich site is a £320 million state-of-the art aluminium body shop which completes the site’s transformation into a global centre of excellence for lightweight vehicle manufacturing.

Furthermore, the luxury carmaker recently announced that it will double its advanced design and engineering centre in Whitley, Coventry under a multi-million pound investment to support the company’s creation of high technology, ultra-low emission vehicles.

Tags: advanced vehicle manufacturingJaguar announces £600m investment to support product creation

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