Jaguar Land Rover, the Indian-owned luxury car manufacturer, is investing $894 million (£600 million) in advanced car manufacturing in the UK.
“Jaguar Land Rover continues to demonstrate its unwavering support to the British automotive industry through sustained investments in advanced research, technology and innovation,” Jaguar Land Rover chief executive Ralf Speth said in a statement.
“This investment, made here in the heartland of our UK business operations, signals the confidence we have in this region to support the creation, engineering and manufacturing of ultra-low emission, premium British products, today and in the future.”
A whopping £320 million will be delegated for use towards the automaker’s Castle Bromwich site in England’s West Midlands, in order to complete the site’s transition into “a global centre of excellence for lightweight vehicle manufacturing”, the statement said.
This is the latest move made by Jaguar Land Rover showing its commitment to Britain’s resurgent car industry.