A couple of developments on the recent Jaguar/Land Rover joint venture are being reported in Chinese media based on a report in China's Economic Daily News. The 130,000-capacity factory planned for Jiangsu is epected to mint its first vehicle in 2014, with numbers given for the breakdown so far as: 43,000 Land Rover Freelander 2s, 34,000 Range Rover Evoque models (called the Aurora in China) and, according to Google Translate, "the joint venture brand vehicles of 23,000 Jaguar sedan."
A month ago, Jaguar Land Rover signed a joint-venture agreement with China's Chery Automobile Company. JLR's 12.1 billion yuan ($1.9 billion U.S.) investment, if approved, will pay for a plant in Changsu to build Jaguars, Land Rovers, engines and joint-venture models. The facility will also house a research and development center. Chery has submitted the paperwork to clear the deal with the Chinese government. The agreement must pass muster with the Ministry of Enviroment Protection, after which
Jaguar Land Rover and Chinese automaker Chery Automobile Company have filed paperwork to enter into a joint venture. Under the agreement, the two Tata Motors properties will manufacture both Jag and Land Rover vehicles and engines, as well as a new line of vehicles developed with Chery. The joint venture will also create a research and development lab and sell the products created by the partnership. Land Rover has had its eye on boosting sales the still-growing Chinese market for some time, and
Joint venture Chery Quantum Auto – owned by China's Chery Automobile and Israel Corporation – will reportedly export three compact vehicles to Europe in 2012. Austrian supplier Magna Steyr will be tasked with developing the vehicles, according to Financial Times Deutschland.
Over the weekend in Beijing, electric vehicle (EV) infrastructure pioneer Better Place announced that it signed a memorandum of understanding (MOU) with China's Chery Automotive. The deal will help Better Place bring its oft-talked about battery-swapping technology along with its EV charging infrastructure over to China.
It's been almost two months since we last talked about Dodge's rumored partnership with Chery. So we thought we'd bring you an update. It now looks like Western Europe is being tabbed as one of the key markets for this small Dodge when it launches. Chery Automobile of China is still the most likely partner on the project, according to Chrysler group CEO Tom LaSorda. LaSorda actually said the choices have been narrowed to two, with rumors that the company is also looking at PSA/Peugeot-Citroen or