Concern Jaguar Plans to Invest in the Modernization

December 26, 2012 at 06:47

As the new year is coming, it is a new time for the auto makers to improve what they have and to develop new models for their fans and consumers. Even though the development of the new models may take a while, as the R&D department is not totally free this new year, the improvements of the cars are not so long to wait for. Car maker Jaguar is planning to make several investments in the total amount of 589 million dollars in upgrading their production facilities so that to improve in the future the quality of their cars.

blue Jaguar XKR-S 2012

Picture of the blue Jaguar XKR-S 2012

Recently, the company was not only able to recover from the crisis, but also to increase its global sales by 40%, including the expanding of the sphere of influence in the world market. However, as the difficult times are over, the company needs to move further and the leadership of Jaguar realizes this greatly. The investment is going to be made quite large and mainly in the mechanical side of the concern.

logo of Jaguar company on the car

Image of the logo of Jaguar company on the car

Now the concern intends to spend more than half a billion dollars to improve their production process. Part of the funds will be spent on construction of the production of an all-aluminum body for the new Jaguar cars. It is also planned to improve the process of assembling and painting machines.

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