Jaguar Land Rover, the British automaker plans to partner with Chery Automobile to build vehicles in China Bloomberg reported on Friday, citing unnamed sources.
The companies have applied for regulatory clearance to establish the joint venture, the people said, declining to be identified because the deal has not been finalized.
“There is nothing new to say on this matter,” a spokesman for Tata Motors told Reuters. “Jaguar Land Rover is looking at a manufacturing partnership in China, and have been for two years. Beyond that, there is nothing to say.”
Jin Yibo, a spokesman for Wuhu, China-based Chery, said he had “no information to disclose” when contacted by Bloomberg yesterday by phone.
Sales of Jaguars and Land Rovers soared 61 per cent in China last year – and the total number is closing in on the UK sales figure.
In total, JLR moved 42,063 units for the year in Mainland China, thanks, the company claims, to more attention being paid to the specific wishes and needs of Chinese drivers.
JLR is set to have its 100th authorised dealership in the country with the opening of a site in Zhengzhou.
A JLR spokeswoman said: “This record performance has been driven by sales of the XJ following the introduction of the 3.0l engine and a continuing strong performance from all Land Rover models.”