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Jaguar Land Rover targets £1bn sales in China this year Jan 09, 2011 // Christian ReynoldsNo Comments »
Victoria Beckham launches Land Rover Evoque 300
JAGUAR Land Rover has committed to sell 40,000 Jaguar and Land Rover vehicles, worth more than £1bn, in China this year.
The company, owned by Indian giant Tata Motors, employs more than 2,000 people at Halewood and is gearing up for the launch of the Range Rover Evoque in July. The company also has manufacturing plants in the West Midlands.
Jaguar Land Rover chief executive Ralf Speth said its deal “not only signals the acceleration of our growth plans but also reflects both the importance of the Chinese market to Jaguar Land Rover and our value to the UK economy”.
The announcement wa part of a package of deals worth £2.6bn that were signed during a visit to Britain by China’s vice premier, Li Keqiang – including an agreement that will see a breeding pair of giant pandas, Tian Tian and Yuangguang, in Edinburgh Zoo for 10 years.
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