JLR is rapidly becoming the jewel in the Tata empire and adds 800 jobs

While all around them car-makers are cutting jobs, Jaguar Land-Rover is bucking the trend. Since JLR was acquired by Tata in 2008 it has thrived and come through not only the the financial crisis but also shareholder criticism and employee apprehensions. JLR is rapidly becoming the jewel in the Tata empire:

Tata JLR

BBCJaguar Land Rover is on the verge of announcing the creation of 800 production jobs at its plant in Solihull, it is understood. It comes on top of a successful retail performance by the carmaker, owned by India’s Tata, in 2012.

The West Midlands plant already employs 6,000 people producing the Range Rover Discovery and Defender models.

Last week Japanese carmaker Honda said it would cut 800 jobs at its Swindon production plant.

Jaguar Land Rover said earlier this month that its outlook for 2013 was positive after UK vehicle sales rose by one fifth last year. The new jobs would be created to deal with increased demand from China and the Far East, Russia and the US.

The Chinese market – where sales of Jaguar Land Rover’s vehicles have risen 80% in the past year – has been rising in importance to the company. Jaguar Land Rover sealed a joint venture to make cars with Chinese company Chery Automobile in November.

In December the firm also said it was considering building cars in Saudi Arabia.

If it went ahead, it would be the Indian-owned company’s second overseas manufacturing plant, after agreeing to build a plant in Shanghai.

More than 200 of the 800 new UK jobs to be created are supported by the Government’s Regional Growth Fund. They will be taken on one-year contracts to start with and will be converted to full time workers should market conditions remain strong.


Tags: , , ,

%d bloggers like this: