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Jaguar Land Rover to build cars in Slovakia

PUBLISHED: 10:04 11 December 2015 | UPDATED: 10:04 11 December 2015

Jaguar Land Rover will be building cars in a new £1bn plant in Slovakia by late 2018.

Jaguar Land Rover will be building cars in a new £1bn plant in Slovakia by late 2018.

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Jaguar Land Rover has confirmed that it will be the first British car-maker to open a manufacturing facility in Slovakia.

The new world-class £1bn premium manufacturing facility in the city of Nitra, western Slovakia, will eventually employ around 2,800 people.

Today’s announcement follows Jaguar Land Rover’s recent confirmation to double its investment in its engine plant in the UK to almost £1bn – the largest injection into a new British manufacturing plant in decades creating several hundred new jobs.

Dr Ralf Speth, chief executive officer of Jaguar Land Rover, said: “Jaguar Land Rover is delighted today to welcome Slovakia into our family. The new factory will complement our existing facilities in the UK, China, India and Brazil and marks the next step in the company’s strategy to become a truly global business.”

Slovakia has an established premium automotive sector, which represents 43% of the country’s overall industry. It has more than 300 suppliers in close proximity and an excellent logistics infrastructure; this confirmed our decision that this country was the ideal location.

“The heart of our company will always be in the UK, where our design, technology and manufacturing capabilities are based. It is our creativity and innovation which makes Jaguar Land Rover the leading boutique automotive brand, offering exceptional products for our customers.”

As part of Jaguar Land Rover’s commitment to deliver more lightweight vehicles, the plant will manufacture a range of all-new aluminium Jaguar Land Rover vehicles. It is anticipated that the first cars will come off the production line in late 2018. The factory will have an initial capacity of 150,000 vehicles and construction will commence in 2016.

Jaguar Land Rover has made significant progress in building its international manufacturing presence over the last year. It opened a new joint venture in China and commenced construction of its local manufacturing plant in Brazil at the end of 2014. The creation of new international plants allows Jaguar Land Rover to offer its customers even more exciting new models, protect against currency fluctuations and create a globally competitive business.

During this time, the company has invested heavily in its UK vehicle manufacturing facilities at Castle Bromwich, Halewood and Solihull to support the introduction of all-new vehicles such as the Jaguar XE, XF and F-PACE, Range Rover Evoque Convertible and Land Rover Discovery Sport. In addition, it plans to expand its advanced engineering and design centre at Whitley, Coventry and invest in the National Automotive Innovation Centre at the University of Warwick. Jaguar Land Rover’s sustained investment supports the delivery of the UK’s wider industrial strategy.

Over the past five years, Jaguar Land Rover has employed more than 20,000 people taking its workforce to more than 37,000 and invested more than £11bn in new product creation and capital expenditure.

Jaguar Land Rover has selected Slovakia as the location for its next manufacturing site following robust analysis of a number of locations around the world including other European countries, United States and Mexico.

1 comment

  • Oh No !...not even more bad 'Economic Recovery' news for George Osborne !....more profits !, cheaper employees ! and of course much less TAX for our Chancellor !....Britain wins all round ?..

    Report this comment

    freedomf

    Friday, December 11, 2015

The views expressed in the above comments do not necessarily reflect the views of this site

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