Jaguar Land Rover has unveiled plans to expand its manufacturing capabilities after signing a letter of intent to build a new factory in Slovakia. As part of Jaguar Land Rover’s commitment to deliver more lightweight vehicles, the new plant would aim to produce up to 300,000 vehicles over the next decade; with the first batch of cars to come off the production line in 2018.
The expansion reflects Jaguar Land Rover’s manufacturing ambition to bring production closer to key markets and become more globally competitive.
Robert Fico, prime minister of Slovakia, said: “We are committed to developing Slovakia’s premium automotive industry and, should we be successful, this investment would represent a significant step forward in achieving this. It would provide a boost to our country’s wider industrial strategy as well as benefiting the European Union as a whole.
“We look forward to working closely with Jaguar Land Rover over the coming months to progress the negotiations.”
Recently, Jaguar Land Rover revealed plans to build vehicles in Austria, and they are currently in talks with other European countries and the US to build another manufacturing plant. The locations are largely picked for the growth potential of nearby car markets.
Dr Ralf Speth, Chief Executive at Jaguar Land Rover, has said: “The expansion of our business globally is essential to support its long-term, resilient growth. As well as creating additional capacity, it allows us to invest in the development of more new vehicles and technologies, which supports jobs in the UK.”
Over the past five years, Jaguar Land Rover has employed more than 20,000 people taking its workforce to more than 36,000 and invested more than £11 billion in new technology and development centres. That includes investing more than £500 million in a new Engine Manufacturing Centre in the UK for production of it’s ingenium four cylinder engine.
Despite JLR’s overseas expansion signalling a move away from its UK manufacturing base, Chief executive Dr Ralf Speth confirms: “The UK remains at the centre of our design, engineering and manufacturing capabilities. Partnerships such as this will complement our UK operations and engineering”.
Source: Birmingham Post