Jaguar-Land Rover plans to set up a factory in the US

Jaguar-Land Rover sold about 55,000 cars in North America last year, which accounts for a significant share from its total global sales of 4.25 lakh. With an aim to sell around 1 million cars by the end of the decade, the automaker has lined up quite a few expansion plans wherein several new manufacturing facilities have been contemplated.

After China and Brazil, Jaguar-Land Rover is now planning to set up a new manufacturing facility in the US, which is the second largest car market in the world. The Tata Motors-owned luxury automaker is reportedly in talks with several southern states of America, including South Carolina, about setting up a plant in the US.

The report goes on to say that Jaguar-Land Rover is likely to receive a significant start-up support from the chosen state where the brand could commit itself to setting up a plant that will eventually churn out 200,000 units a year. Manufacturing and selling its cars in the US would allow Jaguar-Land Rover to get rid of high import duties and lessen the impact of fluctuating currency rates.

Jaguar-Land Rover is currently on an expansion spree. Besides this upcoming new facility in the US, the automaker is all set to open a new factory in China and later this month will launch its i54 engine plant in West Midlands, England. It has also finalised plans for a new factory in Brazil and is exploring the possibility of setting up a factory in Mexico. For the Indian market, the brand is fairly active, too, with the local assembly of its existing models and new car launches. Its recent launches include the locally assembled XJ flagship model with a 2-litre engine.