Jaguar-Land Rover and Chery Seal Joint Venture, Begin Construction of New Plant in China

On Sunday, November 18, Jaguar Land Rover and Chery Automobile Company Ltd. set the founding stone of a new manufacturing facility in the city of Changshu, near Shangai, in China.

The two companies’ joint venture, which has been on the cards since March, is named Chery Jaguar Land Rover Automotive Company Ltd. and involves the local manufacturing of Jaguar and Land Rover vehicles as well as the creation of new models for a partnership brand in China.

The new plant, which is part of a US$1.7 billion (10.9 billion RMB) investment and will become operational in 2014, will also include a new R&D center and an engine production facility. Moreover, it will assemble models of a new but as yet unnamed, brand formed by JLR and Chery that will be created exclusively for the local market.

In a joint statement, Jaguar Land Rover CEO Dr. Ralf Speth and Yin Tongyao, Chairman and CEO of Chery Automobile Company Ltd, said:

“We are delighted to have reached this milestone, achieved thanks to the understanding and foresight of the Chinese authorities and we want to thank them for recognizing the potential of our joint venture in the fast-growing Chinese market.”

JLR’s investment and alliance with one of China’s biggest car manufacturer follows the rapid increase of Jaguar and Land Rover sales in the local market in the past two years.

In 2011, the two premium automakers’ combined sales increased by more than 60 percent compared to 2010, mainly thanks to the Jaguar XF and XJ and the Range Rover Evoque models, while in the first 10 months of 2012, deliveries rose by an even more impressive 80 percent.

By Andrew Tsaousis

PHOTO GALLERY

Jaguar-XJ-Assembly-LineJaguar-XJJLR-Cherry-1JLR-Cherry-2JLR-Cherry-3JLR-Cherry-4JLR-Cherry-5JLR-Cherry-6JLR-Cherry-7JLR-Cherry-8Range-Rover-Evoque-Assembly-LineRange-Rover-Evoque

2019 Subaru Crosstrek Hybrid PHEV Will Have An Electric-Only Range Of Up To 25 Miles

Subaru’s first plug-in hybrid is expected to debut in Los Angeles later this month.

Tesla Cuts Options On Model S And Model X, While Also Increasing Prices On 75D Variants

The Model S is dropping its unique rear facing child seats.

Possible Ford-Based VW Amarok Successor Could Be Sold In The U.S.

If the second-gen Amarok is based on Ford underpinnings, VW North America will be happy to have it.

Top Gear’s Chris Harris Crashes Porsche 911, Escapes Unhurt

Harris reportedly hit a pickup which was making a three-point turn.

New Mercedes GLE Has The Moves – And It’ll Rock Itself Free If You Get Stuck Off-Road

Mercedes’ new E-Active Body Control is perhaps the most impressive feature of the new 2019 GLE.

Koenigsegg CCXR Edition Is One Of Four, Goes For $2.3 Million

For the world’s millionaires that have a penchant for supercars, this Koenigsegg CCXR Edition could be perfect.

2018 Ford GT Heritage Edition Gets Subjected To A Trial By Dyno

Hennessey introduced their GT ’67 Heritage Edition to the dyno to find out its true output.

A Ford Mustang Crashes Into A Bar, Thankfully No One’s Hurt

The driver was transferred to the hospital, but police are continuing to investigate the crash.

2019 Porsche Macan Turbo Makes Not-So-Glamorous Debut Towing A Trailer

These spy shots give us the first look at the facelifted Macan’s range-topping Turbo version.

America’s First McLaren 600LT Lands In John Hennessey’s Garage

McLaren has started delivering the first examples of its new 600LT, with the first one in the US landing in Hennessey.