However, a report by huanqiu.com citing sources familiar with the matter claims that the new factory will be located in Nanchang, capital of Jiangxi Province in southeastern China, and will have an annual production capacity of 50,000 vehicles. The company will invest a total of $162.1 in the project, but all operations are currently on hold until Jaguar Land Rover manages to find a Chinese partner.
Tata Motor’s Chief Executive Officer, Carl-Peter Forster, recently said that Jaguar Land Rover is planning to create a Chinese partnership “as soon as possible”. It's not yet confirmed but it appears that the Chinese partner, if found, will be in charge of both production and sales, while Jaguar Land Rover will contribute with the know-how and the necessary parts to bring the project to life.
If we are to trust the rumors, the Chinese plant will be responsible for the production of one Jaguar and one Land Rover models, but some parts will be supplied from the United Kingdom. Expectations are high, according to gasgoo.com, as the British brand hopes to sell as many as 20,000 Land Rover units and 5,000 Jaguar vehicles in China in the 2010-2011 year.
More details are likely to emerge as soon as JLR moves forward towards the joint venture, so we'll keep you posted.
Google News