JLR invests £370 m to upgrade UK facilities
The investment would also help the company to increase productivity as it prepares to launch the fourth generation Range Rover across 170 countries, Jaguar Land Rover said in a statement.
Inaugural sales of the new Range Rover, a Sports Utility Vehicle (SUV), is expected to start this month, following a three-year engineering project, supporting 1,000 jobs in design, product development and manufacturing at Jaguar Land Rover.
"Through a £370-million investment in our manufacturing facilities we have been able to build the world's first SUV with lightweight all-aluminium construction, a car that is 20 per cent lighter, with fuel consumption and carbon dioxide emissions reduced by 22 per cent," Jaguar Land Rover Chief Executive Officer Ralf Speth said.
As part of the investment, the company has installed a new aluminium body shop for the latest Range Rover at its Solihull plant, near Birmingham. It has also upgraded paint-applications technologies, trim assembly and warehousing facilities.
Jaguar Land Rover will shortly launch Jaguar XF Sportbrake and Jaguar F-Type sports car. "Jaguar Land Rover is firing on all cylinders, generating export revenues of close to £8 billion a year as we meet demand for a model-range that justifies continued expansion in our UK facilities and elsewhere," Speth added.