Jaguar Land Rover wants to build plant in Slovakia
With its established premium automotive industry, Slovakia is an attractive possible development opportunity.
The move marks the next step in the company's strategy to become a more competitive global business by expanding its manufacturing operations into new international locations in the future.
The UK is the cornerstone of Jaguar Land Rover's business. It remains at the centre of Jaguar Land Rover's design, engineering and manufacturing capabilities.
Over the past five years, Jaguar Land Rover has employed more than 20,000 people taking its workforce to more than 36,000 and invested more than £11 billion in new product creation and capital expenditure.
During this time, the company has invested heavily in its UK vehicle manufacturing facilities at Castle Bromwich, Halewood and Solihull to support the introduction all-new vehicles such as the Jaguar XE, Jaguar F-PACE, Range Rover Evoque and Land Rover Discovery Sport.
Jaguar Land Rover has also invested more than £500 million in a new Engine Manufacturing Centre in the UK, creating 1,400 new jobs in the Midlands.
In addition, it plans to expand its advanced engineering and design centre at Whitley, Coventry and invest in the National Automotive Innovation Centre at the University of Warwick. Jaguar Land Rover's sustained investment supports the delivery of the UK's wider industrial strategy. ■