Jaguar considers Saudi plant

Jaguar Land Rover hope to tap into the country's vast oil wealth

LAST UPDATED AT 08:21 ON Wed 12 Dec 2012

Jaguar Land Rover is considering opening a manufacturing plant in Saudi Arabia to tap into the country's vast oil wealth. The Independent says that the carmaker - now Indian owned - has already started building a plant in Shanghai and is currently considering which of its models would be best suited to the Saudi market.

Dr Ralf Speth, JLR's chief executive, said: "We are committed to further international partnerships to meet record demand... The kingdom of Saudi Arabia is an attractive potential development option, complementing our existing advanced facilities in Britain." · 

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