Jaguar considers Saudi plant
Jaguar Land Rover hope to tap into the country's vast oil wealth
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."