Jaguar Land Rover, the U.K.-based automaker owned by Tata Motors Ltd., said Monday it wants to manufacture its vehicles in China.
The British company held discussions with several potential partners in China to establish manufacturing operations in the world’s largest auto market.
According to China Business News, cited by Reuters the British Company has finished already all the steps with Chery Automobile and is seeking regulatory approval to set up a joint venture in China.
“We have previously said that we would like to manufacture our vehicles in China for Chinese customers and this remains our ambition,” Del Sehmar, a spokesman for Jaguar Land Rover India, told Dow Jones Newswires by phone.
“There are many stages in such discussions and we have spoken to a number of parties and we continue to respect the official process and we have no news or further comment to give at this point in time,” he said.
But when asked about Chery Automobile, Del Sehmar didn’t comment.
The UK continues as Jaguar Land Rover’s leading market with retail sales of 10,896 up 12 per cent collectively.
China remains Jaguar Land Rover’s third largest market with retails up 60% for the year to September, driven by sales of the XJ and a continuing strong performance from all Land Rover models.
In Europe, demand for both brands was up by some 37 percent, largely fueled by strong demand for new Range Rover Evoque and Jaguar XF diesel.