JLR opens Rio plant
Jaguar Land Rover has opened its first whollyowned factory outside of the UK with a new £240 million production plant in Brazil to build the Range Rover Evoque and Land Rover Discovery Sport.
The factory, which includes an education and business centre, is in Rio de Janeiro and will produce models for the Brazilian market where Land Rover already has a 33 per cent stake of the premium SUV market.
Wolfgang Stadler, JLR’s executive director for manufacturing, said:“The opening of Jaguar Land Rover’s new world-class facility in Brazil marks the latest exciting milestone in our global expansion. Land Rover is already Brazil’s market-leader for mid-sized premium SUVs, accounting for more than 30% of all sales in that segment.”