Auto Special: Local production by Chery Jaguar Land Rover this year
By Zhuan Ti | China Daily | Updated: 2014-03-31 07:47
Production of vehicles by Chery Jaguar Land Rover is set to start in the fourth quarter of the year as construction on a plant in Changshu, Jiangsu province is underway as scheduled.
The 50-50 joint venture Chery Jaguar Land Rover Automotive Co Ltd is capitalized with 10.9 billion yuan ($1.75 billion) and headquartered in Changshu.
A research and development facility will also be established in the neighboring city of Shanghai.
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