When Tata Motors acquired Jaguar and Land Rover from Ford in 2008, it had to buy powertrains for the models that were already in production by the British group’s former owner.
Now, as part for their expansion plan, Tata Motors is considering the opening of a new engine plant, according to British newspaper Sunday Telegraph. If the report is indeed accurate (the company wasn’t available for comment) it will be built in Wholverhampton in central England and employ around 2,000 workers.
The cost of the plant, which will be the Jaguar-Land Rover group’s fourth factory in England, is estimated to be around 400 million (US$632 million), with the newspaper reporting that the British government will contribute £10 million (US$15.7 million) to the project.
Story source: Reuters
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