-9.70 (-2.74%) Tata Group company Jaguar Land Rover has spent £370 million to improve its manufacturing facilities in the UK, in order to increase productivity as it prepares to launch the fourth generation Range Rover across 170 countries.
With this investment, Jaguar had built the world’s first Sports Utility Vehicle (SUV) with lightweight all-aluminium construction, a car that is 20% lighter, with fuel consumption and carbon dioxide emissions reduced by 22%.
The company plans to launch this SUV in this month, following a three-year engineering project, supporting 1,000 jobs in design, product development and manufacturing at Jaguar Land Rover. 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.