Tata Motors owned Jaguar Land Rover mulls plant in Saudi Arabia
The company is among the pioneers in aluminium body development in premium car segment, using lightweight metals for its Jaguar XJ model and the all-new Range Rover.
Its exploratory discussions about potential investment in Saudi Arabia follows its recent joint venture announcement with Chery Automobile Company Ltd to manufacture vehicles at a new plant near Shanghai in China, and a separate expansion of the JLR assembly at the company's plant at Pune, India.
JLR had witnessed increasing sales from emerging markets, which contributed to a 32 per cent increase in global retail sales to 3,24,184 vehicles in the eleven months to
November 30, 2012.
In the current calendar year, sales in the Middle East and North Africa have increased by more than 9 per cent to 11,418 units, the company said.
Be the first to comment.