4 Jul 2011

Jaguar Land Rover to boost spending by half


 

Jaguar Land Rover is to boost its spending on products by 50 per cent from about £1bn ($ 1.6bn) to £1.5bn as the UK’s largest premium carmaker prepares to launch the most important vehicle since Tata Motors bought the group from Ford Motorthree years ago.

Production of the Range Rover Evoque, the first all-new vehicle developed since the $ 2.3bn (€1.6bn) acquisition and the smallest yet to be produced by a marque known for big off-roaders, will start on Merseyside in the UK on July 4.

For more details

http://www.ft.com/cms/s/0/54a5f2fe-a5af-11e0-83b2-00144feabdc0.html?ftcamp=rss#axzz1R6avZ18j

1 comment:

  1. Jaguar uses our redpine chip in their wifi device in the car ^_^

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