jaguar land rover inaugurates its first overseas manufacturing facility press release

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PRESS RELEASE 21 OCTOBER 2014 JAGUAR LAND ROVER INAUGURATES ITS FIRST OVERSEAS MANUFACTURING FACILITY Joint venture with Chery Automobile Company to manufacture the Range Rover Evoque and introduce further Jaguar Land Rover models by 2016 Plant-opening forms part of RMB 10.9 billion joint venture investment demonstrating Jaguar Land Rover’s commitment to the Chinese market Changshu facility will have a production capacity of 130,000 units for the Chinese market only Changshu, China – Jaguar Land Rover today announced the opening of its inaugural overseas manufacturing facility, in China. The award-winning Range Rover Evoque will be the first model to be built under the first Chinese-British automotive joint venture, with Chery Automobile Company Ltd. The plant inauguration of Chery Jaguar Land Rover Automotive Company follows the two-year construction of a factory, which is almost 400,000 square-metres. Located in the Changshu Economic Development Zone north of Shanghai, the factory is part of a RMB 10.9 billion joint venture investment plan.

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Page 1: Jaguar land rover inaugurates its first overseas manufacturing facility press release

PRESS RELEASE 21 OCTOBER 2014

JAGUAR LAND ROVER INAUGURATES ITS FIRST OVERSEAS MANUFACTURING FACILITY

Joint venture with Chery Automobile Company to manufacture the Range Rover

Evoque and introduce further Jaguar Land Rover models by 2016

Plant-opening forms part of RMB 10.9 billion joint venture investment demonstrating

Jaguar Land Rover’s commitment to the Chinese market

Changshu facility will have a production capacity of 130,000 units for the Chinese

market only

Changshu, China – Jaguar Land Rover today announced the opening of its inaugural overseas

manufacturing facility, in China. The award-winning Range Rover Evoque will be the first model to

be built under the first Chinese-British automotive joint venture, with Chery Automobile Company

Ltd.

The plant inauguration of Chery Jaguar Land Rover Automotive Company follows the two-year

construction of a factory, which is almost 400,000 square-metres. Located in the Changshu

Economic Development Zone north of Shanghai, the factory is part of a RMB 10.9 billion joint

venture investment plan.

Dr Ralf Speth, Chief Executive Officer of Jaguar Land Rover, and Mr Yin Tongyao, Chairman and

Chief Executive Officer of Chery Automobile Company, welcomed the formal opening of the facility

that aims to be the most advanced and efficient car factory in China.

At the plant inauguration, Dr Speth said: “The opening of this world-class facility is an important

milestone for Jaguar Land Rover. Since its launch, one in five Range Rover Evoques have been

sold in China. Our decision to manufacture the Range Rover Evoque in Changshu is a result of our

commitment to bringing more Chinese vehicles to Chinese customers.”

Page 2: Jaguar land rover inaugurates its first overseas manufacturing facility press release

Mr Yin added: "Chery Jaguar Land Rover remains committed to delivering excellence in its quest

to lead the Chinese premium automotive industry through its historic British lineage, world-class

quality and unique shared value approach.” 

By 2016, the facility is expected to be building three Jaguar Land Rover models with total production

capacity of 130,000 units a year. Those vehicles will be manufactured in highly-automated press

shops – including cutting-edge aluminium and steel technologies – along with a steel body shop

comprising 306 robots, an energy-efficient paint shop and an ergonomically-friendly final assembly

line. A new aluminium body shop, the first in China, is already under construction, at the Changshu

facility, to support the introduction of new Jaguar products.

Chris Bryant, President of Chery Jaguar Land Rover joint, said: “The plant opening marks the

completion of our start-up phase of which we are incredibly proud, and now we will continue to build

with the same passion and pride, to realise our goal to be the premium automotive manufacturer

inspiring excellence in China’s automotive industry."

Significant investment has also been committed to training more than 2,000 new people in health

and safety standards, process systems and problem-solving, as well as the company’s quality-

control processes and corporate culture.

The facility in the Jiangsu region, part of the Yangtze River Delta, forms the centrepiece of a joint

venture investment that will include the establishment of our Greater China Research and

Development Centre and engine manufacturing. Inaugural sales of the China-made Range Rover

Evoque are due to begin in early 2015. Further details will be released at the Guangzhou Motor

Show later this year.

In a joint statement, Dr Speth and Mr Yin concluded: “We will leverage the complementary strengths

of our two businesses to set new standards for manufacturing excellence, quality and sustainability

in China. Together, we can look forward to expansion in China with confidence.”

Jaguar Land Rover first established a presence in China just over a decade ago and has a long-

term commitment to its Chinese customers. Once fully operational, output from the new state-of-the-

art facility will include new derivatives and models specially designed for the Chinese market.

The company has developed a compelling CSR programme in China and, earlier this year, created

the Jaguar Land Rover Children and Dream Fund, working with the Soong Ching Ling Foundation.

Page 3: Jaguar land rover inaugurates its first overseas manufacturing facility press release

Jaguar Land Rover China will invest RMB 50 million over the next three years in an initiative that

supports and develops underprivileged young people.

Jaguar Land Rover is committed to inspiring the future generation of Chinese automotive engineers.

In the last four years, more than 500 apprentices have graduated from the apprentice training

programme in China.

In the last fiscal year, Jaguar Land Rover sold more than 100,000 vehicles in China, making it

Jaguar Land Rover’s single largest market.

ENDS

Notes for Editors:

Jaguar Land Rover has ambitions to expand its international manufacturing footprint. In addition to China, Jaguar Land Rover has confirmed plans to create a local manufacturing

facility in Brazil and has a local assembly facility in Pune, India. These world-class manufacturing facilities will provide additional production capacity

supplementing that of Jaguar Land Rover’s three vehicle plants in the UK. In China, Jaguar Land Rover established its national sales company July 2010 and has

more than 400 employees. Additional Jaguar Land Rover activities in China include:

o Three training academies: Shanghai, Beijing & Guangzhouo Five parts distribution centres (Chongqing, Suzhou (2), Beijing & Guangzhou) o 161 operational dealers (247 appointed dealers)o Three Land Rover Experience Centres.

During calendar year 2013, Jaguar Land Rover sold 425,006 vehicles, up 19%. Of that Jaguar sold 76,668 vehicles and Land Rover sold 348,338 vehicles.

Jaguar Land Rover will invest circa £3.5bn in product creation and capital expenditure in the financial year to March 2015.

In the 12 months to 31 March 2014, Jaguar Land Rover generated profit before tax of £2.5bn with revenues of £19.4bn.

For more information, contact:

Ken McConomy, Head of Corporate RelationsM: +44 7714 725 236 E: [email protected]

Lisa Palmer, International Manufacturing Communications ManagerM: +44 7557 540611 e: [email protected]