JLR to spent additional £1 billion in UK supply contracts
Jaguar Land Rover has already initiated investing on £2 billion UK supply contract in March last year. The JLR suppliers deliver services, facilities and auto components for the company’s Range Rover Evoque.
May 17, 2012: Jaguar Land Rover, a subsidiary of Tata Motors, is all set to spend additional £1 billion in the next few years on the UK supply contracts. In March last year, the company initiated a supply contract worth £2 billion to 40 UK suppliers. The suppliers of the auto maker deliver services, facilities and auto components for the JLR’s Range Rover Evoque at Halewood, Merseyside.
The sale of the Range Rover Evoque is increasingly growing with orders pouring in even after the company has reached the 60,000 units mark. Thus, the auto maker has made an official communiqué of opening a new logistic centre at Ellesmere Port, Cheshire. The company will initiate the work on the logistic centre from this summer. This centre will offer support in sales of Range Rover Evoque and Freelander 2, and will also offer job opportunities to nearly 300 persons. Apart from this, Phoenix near Vauxhall’s car plant at Ellesmere Port will have a new component warehouse spread across 405,000 square ft site. Jaguar Land Rover will be taking this warehouse site on lease from Highcross, a property company, and the warehouse will commence by this summer.
Land Rover Evoque has bagged around 100 international awards since its debut in September, 2011. JLR sold 60,111 Evoque models by the end of April, 2012. Moreover, the auto maker generated about 1,000 new job opportunities at its Halewood plant in March 2012. The Halewood plant of the company will offer support in production of the Evoque and Freelander 2. Currently, the plant actively works 24×7 in three shifts and has 4,500 workers recruited, which is thrice the number of employees recruited by the auto maker three years ago.
However, it is to be noted that the Jaguar Land Rover has witnessed a steep fall in sales by 31% in April in India, which is the base of its parent company Tata Motors.