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Jaguar and Land Rover will be produced in China

Starting from the desire to cut costs as much as possible, Tata Motors plans to produce Jaguar and Land Rover models in China. One more reason in this regard is the expansion of sales of these luxury brands in other markets.

Indians from Tata will begin production with Land Rover models that, in the end, both brands to reach a total production of 40,000 units, according to statements Carl-Peter Forster, CEO of Jaguar Land Rover at a press conference London, quoted by Automotive News. The official did not mention the exact date of starting these operations.

Chinese market, whose economy shows biggest growth in the world, Jaguar Land Rover will compete with manufacturers such as BMW AG and Daimler AG. Today, Jaguar Land Rover has a market share of 8% to 208,197 units shipped last year. Among the battle plans include the launch of two new models: F-Type and also a rival for BMW 3 Series.

“China is a market with great potential,” said Forster. “We need to grow and on other markets. Must grow in China, Europe, South Africa, South America. We have many potential markets, “added the company official.

Tata Motors acquired Jaguar and Land Rover from Ford in 2008, for $ 2.5 billion dollars. Indian company managed a profit in the fiscal year ended in March 2010, given that increased sales of commercial vehicles in India, and Jaguar and Land Rover have reduced labor costs and profits to have won.

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