Jaguar Land Rover Preps for Electric Era by Moving SUV From U.K. [Yahoo! Finance News]
Tata Motors Ltd Tata Motors Limited (TTM)
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Source: Yahoo! Finance News
Britain’s biggest carmaker, Jaguar Land Rover, is moving all production of its Land Rover Discovery SUV to Slovakia from a plant near Birmingham, which will be retooled to accommodate a new generation of electric cars. The company, owned by Tata Motors Ltd., will create a new factory platform at its Solihull, England, plant that will enable the production of cars in electric, gasoline and diesel versions, said people familiar with the matter, asking not to be named because the information isn’t public. All Discovery production will be gone from the U.K. by early 2019, resulting in possible job cuts at the Solihull plant before it ramps up staffing again.
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