JLR invests 200 mn pounds in Halewood unit

Investment will support launch of new SUV; workforce at Halewood trebles in 4 years

Press Trust of India London
Last Updated : Jun 19 2014 | 2:32 PM IST
Tata Motors-owned Jaguar Land Rover has announced an investment of 200 million pounds at its Halewood plant in the UK to support introduction of its upcoming SUV Discovery Sport.

The Halewood plant, which is already home to the company's fastest selling model of all time - the Range Rover Evoque, has benefited from a 200-million-pound investment to support the introduction of the first member of the all-new Land Rover Discovery family, the company said in a statement.

The latest investment takes the total amount invested in Halewood over the last four years to almost 500 million pounds, it added.

Also Read

The company further said 250 new jobs have been created at the plant thus trebling Halewood workforce in four years.

ALSO READ: Tata Motors' global sales down 5.14%; JLR puts up a good show

Commenting on the development, Jaguar Land Rover CEO Ralf Speth said: "The Land Rover Discovery Sport is the next in a line of exciting new products to come from Jaguar Land Rover. I am delighted that Halewood - and Liverpool - has been selected for this new investment."

The new Land Rover Discovery Sport, which will go on sale in 2015, is the first member of an all-new family of Discovery vehicles, inspired by the Discovery Vision Concept which was spectacularly showcased at the New York International Auto Show.

"We have seen our workforce treble and production quadruple in just four years. Today we are operating three shifts, 24 hours a day to meet global demand and I am confident that the team will rise to the challenge and deliver a flawless launch of this exciting new model," Jaguar Land Rover Halewood Operations Director Richard Else said.

ALSO READ: Jaguar-Land Rover pulls Tata Motors out of local crisis

The Halewood plant rolls out Range Rover Evoque, which became JLR's top selling model in 2011. Within two years, the plant had produced more than 2,00,000 vehicles, a record volume for a single vehicle line at any Jaguar Land Rover facility.

The company said over 80 per cent Range Rover Evoque production was exported to 170 countries across the globe.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 19 2014 | 2:32 PM IST

Next Story