Ralf Speth

JLR gets approval for joint venture in China

JLR gets approval for joint venture in ChinaJaguar Land Rover, a unit of India's Tata motors, has received an approval from the authorities in China for its proposed joint venture with Chery Automobile Company.

The luxury carmaker is preparing for beginning production in China and it has set the foundation stone for a new manufacturing facility in the country. The two companies have received approval from the Chinese government for the joint venture and will now be able to manufacture Jaguar Land Rover vehicles and new models for a joint brand in China.

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