Jaguar Land Rover mulls building a plant in South Africa - report.

By bne IntelliNews September 26, 2012
British auto manufacturer Jaguar Land Rover is considering setting up a car manufacturing plant in South Africa, Business Day reported, quoting information by South Africas Department of Trade and Industry. The British car maker, wholly owned by Indias Tata Motors, saw its sales soaring 91% y/y in Q2 2012 thanks to higher demand, mainly from China. It is thus seeking to establish new manufacturing facilities to meet growing demand and become an established global brand, and has already signed a joint venture with state-owned Chinese car maker Chery to build a plant near Shanghai. Jaguar Land Rover declined to confirm the report, saying it is routinely in ongoing discussions with regard to a number of different locations and any announcement would be likely to be made at the Paris motor show, opening on September 29. A number of global auto makers have vehicle manufacturing plants in South Africa, including Ford, General Motors, Mercedes-Benz, BMW, Toyota, Volkswagen, Nissan, Renault and others. A Jaguar Land Rover factory would be the first all-new car maker in the country since 1995.

Related Articles

South Africas Exxaro mulls firing striking coal miners.

South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more

South Africas Telkom says there is no decision to lay off 13,000 employees.

South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more

BP, Masana Petroleum Solutions sell LPG business in South Africa.

Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335