That “veddy” British automaker, Jaguar Land Rover, is looking a little less Anglo-Saxon every day. First, it was acquired by American maker Ford, then sold to Indian upstart Tata Motors. And now, JLR has opened up its first foreign manufacturing plant. In China, of course.
The Asian nation is already the world’s largest automotive market and, by most accounts, is expected to top the global luxury sales charts, as well, by the end of the decade. It is, in fact, already Jaguar Land Rover’s single-largest market.
And the maker is expecting to see that grow significantly, in part, because localizing production will eliminate the hefty Chinese tariff on automotive imports. (more…)