Jaguar Invests into the Chinese Manufacturing Almost 2$ Billion

November 20, 2012 at 01:01

There were some news on our portal, stating that Jaguar plans to concur the Chinese market and than the whole Asian one. However, the company needs to make some significant cash inflows into that area, where it wants to operate. That is the time of great investments from the Jaguar company. Therefore, this article is going to be dedicated to the topic of money.

Image of the Jaguar presentation in China

Image of the Jaguar presentation in China

As we know, China is a special country, with their own rules and regulations, and no company can open their subsidiary in China if they are not making an alliance with the other Chinese company from the industry. That is why in the Chinese market Jaguar is working together with the Cherry company. Jaguar and Cherry Automobile Company will invest in the production of automobiles in China about $ 1.7 billion. Construction of the plant in the east are scheduled for completion in 2014, the volume of car production at the new plant is not specified yet.

Photo of the Jaguar car 2012

Photo of the Jaguar car 2012

At the same time, the managers of the company say that this is the first part of the investment program, which will soon develop further. At the same time, the company will invest in the marketing research greatly, as it is the new market.

categoryCategories: General Models