Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Company - Overseas
 Search News  Or
Jaguar Land Rover seeking application for JV with Chery

Feb. 8, 2012 (China Knowledge) - Top luxury brand Jaguar Land Rover, a British automotive business owned by Tata Motors of India, has applied to regulators for the launch of a joint venture with China's Chery Automobile Co Ltd, the largest private automaker in the country, sources reported.

A person familiar with the matter said the results will be disclosed at the Beijing Auto Show in April this year.

Paul Chadderton, Spokesperson of Jaguar Land Rover, said the company has been seeking potential partners in China for around two years.

Chery's Spokesperson Jin Ge declined to comment on the news.

Jaguar Land Rover expects China to become Land Rover's second largest market and Jaguar's third biggest market worldwide by the end of March 2012.

In 2011, the British auto maker sold 42,063 vehicles in China, reflecting a year-on-year increase of 61%. Sales of Jaguar in China surged 123% from a year earlier to 5,976 units, while Land Rover's sales totaled 36,087 units, up 54% year on year.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved