|
 | |
| Type | Private, joint venture |
|---|---|
| Founded | 2012 |
| Headquarters | Changshu, Jiangsu, China |
| Area served | China |
| Industry | Automotive |
| Products | Automobiles |
| Owner(s) |
Chery Automobile (50%) Jaguar Land Rover (50%) |
Chery Jaguar Land Rover (officially Chery Jaguar Land Rover Automotive Company Ltd.) is an automotive manufacturing company headquartered in Changshu, China and a 50:50 joint venture between the Chinese automaker Chery Automobile and the UK-based Jaguar Land Rover.
Chery Jaguar Land Rover's first assembly plant is currently under construction in Changshu.
History[]
Chery and Jaguar Land Rover were first reported to be in discussions about the possible creation of a Chinese joint venture manufacturing company in August 2010.[1]
In March 2012, Chery and Jaguar Land Rover annouced plans to invest an initial US$2.78 billion in a new Mainland China-based joint venture to manufacture Jaguar and Land Rover vehicles and engines, as well as the establishment of a research and development centre and the creation of a new automobile marque.[2][3]
The establishment of the joint venture received the formal approval of the National Development and Reform Commission of China in November 2012.[4][5] Construction of Chery Jaguar Land Rover's first assembly plant began in Changshu in the same month, with a planned completion date of July 2014.[6][7]
References[]
- ↑ "Tata rumored to partner with Chery to make Jaguar, Land Rover cars", Gasgoo (17 August 2010). Retrieved on 13 January 2013.
- ↑ "Jaguar Land Rover seals JV with China's Chery", Reuters (21 March 2012). Retrieved on 13 January 2013.
- ↑ "Jaguar Land Rover agrees joint venture with Chery in China", BBC News (21 March 2012). Retrieved on 13 January 2013.
- ↑ "Jaguar Land Rover: China approves joint venture", BBC News (18 November 2012). Retrieved on 13 January 2013.
- ↑ "Jaguar Land Rover seals Chinese joint venture", The Telegraph (18 November 2012). Retrieved on 13 January 2013.
- ↑ "Jaguar, Chery start construction of new car factory in China", Reuters (18 November 2012). Retrieved on 13 January 2013.
- ↑ "Construction on Chery-Jaguar Land Rover JV starts in east China", China Daily (19 November 2012). Retrieved on 13 January 2013.
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