the north face ski Jaguar Land Rover ‘is indeed looking’ at N
British luxury maker Jaguar Land Rover Group is considering a North American auto plant to keep up with growing world demand for luxury vehicles.
News of the possible expansion confirmed here Tuesday by Tata Motors Chairman Emeritus Ratan Tata comes seven years after the British brands were shed by Ford Motor Co. automaker.
company is indeed looking at North America as a location for another plant, Tata told the South Carolina Automotive Summit. they locate that plant, in which country or which state they locate, is something they will need to decide. declined to say specifically where Jaguar Land Rover is looking or whether its site search includes countries elsewhere in the world.
But his comments bring clarity to anonymously sourced media reports early this month saying Georgia officials were seeking to land a Jaguar Land Rover factory.
Tata emphasized that he is not part of the decision making process on the site selection.
He retired as chairman of the family controlled Tata conglomerate in late 2012, although he continues to oversee the Indian company philanthropic activities, which has seats on Tata corporate board.
Late to the game
The luxury company would be late in the game of premium brands investing in North American assembly plants. Toyota Motor Corp. Lexus brand began producing SUVs in Ontario in 2003. Acura and Infiniti both produce key models in the United States.
Mexico has attracted two significant premium brand factory projects over the past two years. Audi is now constructing a $1.3 billion plant in Puebla, Mexico, to serve as the global source for its Q5 crossover vehicles.
Nissan Motor Corp. and Daimler AG revealed that they will construct a $1.4 billion factory in Aguascalientes, Mexico. Last year, Jaguar Land Rover expanded outside of the UK for the first time, opening a new plant in China in partnership with China Chery Automobile. Some of that factory output will be exported to other markets.
The company is also building an assembly plant to supply Brazil for Latin American sales.
In January, Jaguar Land Rover officials revealed that they anticipate selling more than 500,000 vehicles globally for the first time in 2015. Worldwide sales rose 9 percent last year to 462,678.
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