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Chery Jaguar Land Rover

Chery Jaguar Land Rover (officially Chery Jaguar Land Rover Automotive Company Ltd.) is an automotive manufacturing company headquartered in Changshu, China and a 50:50 joint venture between the Chinese automaker Chery and the UK-based Jaguar Land Rover, itself a subsidiary of Tata Motors.
Chery Jaguar Land Rover's first assembly plant is currently under construction in Changshu.
Founded
2012
Headquarters
Changshu, Jiangsu, China
Area served
China
Owner(s)
Chery Automobile (50%)
Jaguar Land Rover (50%)

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.
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.
The establishment of the joint venture received the formal approval of the National Development and Reform Commission of China in November 2012. 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.
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Last updated on 24 April 2013 at 09:10.

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