04 March 2013 | 14:41

Jaguar Land Rover mulls manufacturing in India: report

viewings icon comments icon

ПОДЕЛИТЬСЯ

whatsapp button telegram button facebook button
©REUTERS/Vivek Prakash ©REUTERS/Vivek Prakash

Jaguar Land Rover, the British luxury car unit owned by Tata Motors, is considering manufacturing vehicles from scratch in India, AFP says citing a report. Jaguar Land Rover (JLR) currently assembles some cars in India with parts shipped from Britain. Manufacturing the whole car in India would make it cheaper, as it would save on government import taxes and labour costs. "Like Brazil, India is one of the possibilities for Jaguar Land Rover to fully manufacture cars," a person close to the development told The Wall Street Journal on Sunday. However, he cautioned the process was at a "very preliminary stage". Tata Motors officials were unavailable for comment. JLR assembles two of its vehicles at its west India plant using kits, engines and gearboxes imported from Britain. Sales of Jaguar and Land Rover models have been key growth drivers for Tata Motors, part of the sprawling salt-to-steel Tata Group, in recent quarters. Indian car sales have slowed down in the last year due to high borrowing costs, costly fuel and rises in prices due to increased raw material costs. Global auto makers such as Ford, General Motors and Nissan have invested millions of dollars in the past few years in India to use the country as a global manufacturing base, where demand for cars is higher than in the West. Tata Motors bought Jaguar and Land Rover from Ford Motor Co in 2008 for $2.3 billion as part of plans to expand its reach beyond Asia. The deal vaulted Tata Motors from a commercial vehicle and small-car maker into a global player with luxury brands in its range of offerings. JLR reported record global sales of 357,773 vehicles in 2012, a 30 percent year-on-year rise, led by strong demand in China, Britain and the United States.

whatsapp button telegram button facebook button copyLink button
Иконка комментария блок соц сети
Jaguar Land Rover, the British luxury car unit owned by Tata Motors, is considering manufacturing vehicles from scratch in India, AFP says citing a report. Jaguar Land Rover (JLR) currently assembles some cars in India with parts shipped from Britain. Manufacturing the whole car in India would make it cheaper, as it would save on government import taxes and labour costs. "Like Brazil, India is one of the possibilities for Jaguar Land Rover to fully manufacture cars," a person close to the development told The Wall Street Journal on Sunday. However, he cautioned the process was at a "very preliminary stage". Tata Motors officials were unavailable for comment. JLR assembles two of its vehicles at its west India plant using kits, engines and gearboxes imported from Britain. Sales of Jaguar and Land Rover models have been key growth drivers for Tata Motors, part of the sprawling salt-to-steel Tata Group, in recent quarters. Indian car sales have slowed down in the last year due to high borrowing costs, costly fuel and rises in prices due to increased raw material costs. Global auto makers such as Ford, General Motors and Nissan have invested millions of dollars in the past few years in India to use the country as a global manufacturing base, where demand for cars is higher than in the West. Tata Motors bought Jaguar and Land Rover from Ford Motor Co in 2008 for $2.3 billion as part of plans to expand its reach beyond Asia. The deal vaulted Tata Motors from a commercial vehicle and small-car maker into a global player with luxury brands in its range of offerings. JLR reported record global sales of 357,773 vehicles in 2012, a 30 percent year-on-year rise, led by strong demand in China, Britain and the United States.
Пройти опро
Читайте также
Join Telegram Последние новости
How much snow fell in Almaty
Trump: war in Ukraine must end
Which countries have banned TikTok
Лого TengriNews мобильная Лого TengriLife мобильная Лого TengriSport мобильная Лого TengriAuto мобильная Иконка меню мобильная
Иконка закрытия мобильного меню
Открыть TengriNews Открыть TengriLife Открыть TengriSport Открыть TengriAuto Открыть TengriTravel Открыть TengriEdu Открыть TengriGuide

Exchange Rates

 522.19  course up  543.92  course up  5.27  course up

 

Weather

 

Редакция Advertising
Социальные сети
Иконка Instagram footer Иконка Telegram footer Иконка Vkontakte footer Иконка Facebook footer Иконка Twitter footer Иконка Youtube footer Иконка TikTok footer Иконка WhatsApp footer