Jaguar Land Rover opens its first overseas manufacturing plant

Jaguar Land Rover has opened its first overseas manufacturing facility in China. The award-winning Range Rover Evoque will be the first model to be built in a joint venture with Chinese auto company...

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Jaguar Land Rover announces £1.5 billion investment

Dr. Ralf Speth, Chief Executive Officer of Jaguar Land Rover today announced the major investment approaching £1.5 billion at the Frankfurt Motor Show. This will also include the creation of 1,700 new jobs at their Advanced Manufacturing Facility in Solihull, UK. This brings the total number of UK...

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Jaguar Land Rover investing more in technology and innovation

In its 65th anniversary year, Jaguar Land Rover recently announced plans for further investments in technology and innovation at the Geneva International Motor Show.This includes the introduction of 8 new or updated products this year and £2.75 billion (US$4.2 billion approx. ) investment...

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London Taxi taken over by the Chinese

Chinese car manufacturer Geely has bought LTI, makers of the legendary black London cabs, for £11.4 million. This includes  plant, equipment and property, intellectual property rights, trade marks and the "goodwill of the business" as well as Manganese Bronze Holdings (MBH) 48%...

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Jaguar Land Rover pushes up Tata's profits

Tata Motors has announced a 41% rise in profits booted by rise in sales by Jaguar Land Rover (JLR) despite fall in profits within the Indian market (falling more than half to 1.74bn Rupees).The rise is attributed to sales (32,000) of the new Range Rover Evoque model. In the three months to December...

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Car production in UK rises

In contrast to the rest of the manufacturing industry here in the UK, car production rose 1.3% in July this year compared with the same period last year and has gone up 3.7% in the first seven months, according to The Society of Motor Manufacturers and Traders. An article in the Guardian is ascribed...

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Ford on the rise in India

Ford India recorded the highest ever sales in the first quarter for the company with 97% year-on-year (YonY) growth for the quarter ending March 2011. They sold over 10,000 vehicles there in March, making...

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The Electric Car Wars

Edited from the press release by Dr Peter Harrop, Chairman, IDTechExToyota announced today that their global cumulative sales of hybrid vehicles have reached 3.03 million worldwide. They entered the market with the Coaster Hybrid bus in August 1997 followed by the original Prius in December of the...

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CPP Global Holdings to buy Spyker

A few days ago I carried news about the Spyker C8 Aileron moving to Coventry from Holland. According to recent news reports, Spyker has already signed a provisional deal to sell it's sportscar arm to CPP Global Holdings for around 32m euros (approx. £27mil). The Coventry based firm is owned Russian...

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Volvo wants to build large luxury saloon

According to an article in the Financial Times, Li Shufu, the new chairman of Volvo and co-chair of Zhejiang Geely Holding Group, wants to build a car to compete with the likes of the "to compete with...

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Good news for UK car industry

The UK car industry finally has some good news. Business Secretary Lord Mandelson today outlined a loan package potentially worth up to £2.3bn.This includes a scheme to unlock £1.3bn of European loans and a government guarantee for up to £1bn of further loans. The news was welcomed by Jaguar Land Rover...

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UK Car Industry in Trouble

Just last month, Tata the new owners of Jaguar and Land Rover announced that 850 workers could lose their jobs. This was following a meeting with Lord Mandelson, the Business Secretary and attended by 17 senior representatives from the troubled motor industry. The representatives wanted a rescue package.Today,...

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Tata to create 700 jobs in the UK

Indian car maker, Tata recently announced a £ 700 million investment plan with the creation of 600 jobs at Jaguar Land Rover. It is also launching a new programme to recruit new graduate engineers in September. That's great news for the Midlands. I have no idea why but unlike other companies, there...

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Asian brands beat American brands in the US

According to a report in the International Herald Tribune, the three big US car makers, namely, General Motors, Ford Motor and Chrysler, combined sold less than (44.4 %) than the Asian brands - 10 brands in total (48.1 %) for the first time ever. The data was provided by the Autodata Corporation.Amazingly,...

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