Jaguar Land Rover today (10 September, 2013) announced that it plans to invest £1.5 billion in its Solihull plant. The investment is expected to create 1,700 new jobs.
Prime Minister David Cameron said:
The creation of 1,700 new jobs from this £1.5 billion investment by Jaguar Land Rover is fantastic news for Solihull and a huge vote of confidence in the UK. This investment will also deliver another 24,000 jobs in the supply chain – on top of the 1.3 million the private sector has already created since 2010.
Our motoring industry is world class – right out there at the front of the global race – and Jaguar Land Rover is a great example of that British excellence. One vehicle rolls off a production line somewhere in the UK every 20 seconds and the government’s automotive industrial strategy will help to continue this success for years to come.