NEWS

JLR mulls plans to set plant in North America for vehicle assembly plant

Thursday, Feb 26, 2015

Tata Motors-owned Jaguar Land Rover is mulling setting up a plant in North America to meet the growing global demand of its vehicles, according to Tata Group's Chairman Emeritus Ratan Tata.

"The company (JLR) is indeed looking at North America as a location for another plant," Tata was quoted by Automotive News as saying at the South Carolina Automotive Summit.

"Where they locate that plant, in which country or which state they locate, is something they will need to decide," he added.

The report, however, said Tata "emphasised that he is not part of the decision-making process on the site selection".

Apart from its manufacturing four facilities in the UK, JLR has expanded in China and Brazil. In the past, the company has also been speculated to be planning to set up a plant in Saudi Arabia to cater to the Middle East market.

JLR had started assembling its vehicles in India as well with its models Land Rover Freelander, Jaguar XF and XJ models rolled out from Pune plant.

Tata had led the acquisition of JLR from US auto major Ford in 2008. Since then, JLR has been driving profits of Tata Motors.

 

Source:http://auto.economictimes.indiatimes.com/