Spectator on facebook

Spectator on facebook

Jaguar Land Rover plant in Nitra draws closer

FOLLOWING robust analysis of a number of locations including Europe, the United States and Mexico, the Jaguar Land Rover carmaker has selected Slovakia as its preferred location for a new plant.

(Source: Sme)

The carmaker, owned by the Indian Tata Group, has signed a letter of intent with the Slovak government for the potential development of a new manufacturing plant in the city of Nitra in western Slovakia, the company wrote in its press release.

“With its established premium automotive industry, Slovakia is an attractive potential development opportunity for us,” said Ralf Speth, Chief Executive Officer, Jaguar Land Rover, as cited in the press release. “The new factory will complement our existing facilities in the UK, China, India and the one under construction in Brazil.”

Slovakia is close to a strong supply chain and good logistics infrastructure. Subject to the outcome of the feasibility study, a final decision is expected later this year, according to the press release.

Read also: Read also:Slovakia seeking to lure yet another carmaker

 

The Slovak government is delighted to be selected as Jaguar Land Rover’s preferred location for this feasibility study.

“We are committed to developing Slovakia’s premium automotive industry and, should we be successful, this investment would represent a significant step forward in achieving this,” said Fico as cited in the carmaker’s press release. “It would provide a boost to our country’s wider industrial strategy as well as benefitting the European Union as a whole.”

Read also: Read also:Jaguar Land Rover chooses Slovakia for new plant

The feasibility study underway with the Slovak government will explore plans for a factory with an installed capacity of up to 300,000 vehicles over the next decade. As part of Jaguar Land Rover’s commitment to deliver more lightweight vehicles, the plant would manufacture a range of aluminium Jaguar Land Rover vehicles. It is anticipated that the first cars will come off the production line in 2018.

Slovakia already has three car manufacturers, Volkswagen Slovakia, Kia Motors Slovakia and PSA Peugeot Citroën Slovakia.

Topic: Automotive


Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak