Jaguar Land Rover’s 2020 target: 850,000 Vehicles

Automotive

Published on December 24th, 2014 | by Daniel Sherman Fernandez

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Jaguar Land Rover’s 2020 target: 850,000 Vehicles

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Jaguar Land Rover, owned by India’s Tata Motors, has said it wants to double combined Jaguar and Land Rover sales to 850,000 by 2020 and is expanding its production base to accommodate the extra growth.

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In 2016 JLR will start production in Brazil at a new factory with a capacity of 24,000. The first car off the line will be the new Land Rover Discovery Sport, which will debut next year as a successor to the Freelander.

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JLR said that construction of the Brazil plant, which is in Itatiaia, in the state of Rio de Janeiro, would start at the end of the year at a cost of 750 million reals (USD304 million). Production will likely start with kits imported from the UK, said Richard Else, who is director of Land Rover’s plant in Halewood, England.

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