Jaguar Land Rover (JLR), Britain’s biggest carmaker, said on Thursday it is to build its new E-PACE compact sports utility vehicle in Austria and China, the first of its cars only to be manufactured outside of its home market. JLR said its three British plants were either full or at near capacity but the decision will spark fears the firm is looking to boost its output by using overseas operations, rather than invest in greater capacity at home.
Britain’s car industry may never be able to boost the level of local content to over half in its cars to meet the standards set in some bilateral trade agreements, the chief executive of the country’s biggest carmaker Jaguar Land Rover told Reuters. Only around 40 percent of the parts that go into the average British-built car are made domestically and some trade deals require between 50 and 55 percent local content, a factor which could be crucial for post-Brexit trade.
Aston Martin is planning to move production of the Rapide sports saloon to the UK in 2012. The production will be moved to the British automaker’s Gaydon headquarters in Warwickshire in the second half of 2012. After the conclusion of a six month feasibility study, the automaker had decided that the production of the Rapide is not feasible in Gaydon due to some constraints. Therefore, in 2008, the company joined hands with Magna Steyr to manufacture this car and the latter established a dedicated facility in their Graz facilities in Austria. The pre-production of this car began in late 2009 and full production began in 2010. Explaining the decision to move the production of this car, Aston Martin’s chief executive, Ulrich Bez, said that the facility restrictions in Gaydon would have created problems in production of other cars if the […]