JLR invest in China
Jaguar Land Rover Looks to Invest in Chinese Market
Jaguar Land Rover (JLR) is looking to increase its stake into the worlds largest automotive market by way of a $2.87 billion joint venture with Chery Automobile. With BMW, Mercedes-Benz and Audi all having local manufacturing facilities within China, JLR is playing catch up and trying join the club. Last year, JLR sold 42,000 cars…
