Jaguar Land Rover plans big British investment

FE Team | Published: March 03, 2019 21:03:53

Jaguar Land Rover is preparing to make a major investment in advanced manufacturing in the United Kingdom (UK), reports BBC.
Contradicting recent press reports that Indian parent company was considering selling the luxury car business it bought from Ford in 2008, sources close to the company and the government told the BBC that news of fresh investment in the UK was imminent.
When announced, this news will be a welcome boost to the UK car industry which has seen a raft of bad news in recent weeks.