Chery Jaguar Land Rover
| Private, joint venture | |
| Industry | Automotive |
| Founded | 2012 |
| Headquarters | Changshu, Jiangsu, China |
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Area served
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China |
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Key people
|
Chris Bryant (President) |
| Products | Automobiles |
| Owner | Chery Automobile (50%) Jaguar Land Rover (50%) |
Chery Jaguar Land Rover (officially Chery Jaguar Land Rover Automotive Company Ltd.) is an automotive manufacturing company headquartered in Changshu, China.
A 50:50 joint venture between UK-headquartered Jaguar Land Rover, itself a subsidiary of Tata Motors of India; and Chinese automaker Chery, it was formed to allow production of Jaguar Cars and Land Rover vehicles in mainland China. Chery Jaguar Land Rover's first assembly plant is in Changshu, with production scheduled to commence in October 2014.
History
Chery and Jaguar Land Rover were first reported to be in discussions about the possible creation of a Chinese joint venture manufacturing company in August 2010.[1]
In March 2012, Chery and Jaguar Land Rover announced plans to invest an initial US$2.78 billion in a new Mainland China-based joint venture to manufacture Jaguar and Land Rover vehicles and engines, as well as the establishment of a research and development centre and the creation of a new automobile marque.[2][3]
The establishment of the joint venture received the formal approval of the National Development and Reform Commission in November 2012.[4][5] Construction of Chery Jaguar Land Rover's first assembly plant began in Changshu in the same month, with a planned completion date of July 2014.[6][7]
Production
The first model produced by the joint venture was the Range Rover Evoque which started on the 21st October 2014.[8] The second model produced was the Land Rover Discovery Sport, and the third model will be a china only Jaguar XFL [9]
References
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