10/11/2011
Report: Jaguar and Land Rover to Build Cars in China in Partnership with Chery
Posted on 5:08 AM by ^^!
What do you do when you are a luxury carmaker and sales aren’t going as well as expected? Simple: you invest in China, as despite the cooling car market, buyers continue to have an appetite for foreign luxury cars.
In July, we reported that Jaguar and Land Rover owner, Tata Motors, would invest heavily in the two brands in order to improve their sales, especially those of Jaguar, which are on a sharp decline.
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