Jaguar Land Rover Looks to Invest in Chinese Market
Jaguar Land Rover (JLR) is looking to increase its stake into the worlds largest automotive market by way of a $2.87 billion joint venture with Chery Automobile. With BMW, Mercedes-Benz and Audi all having local manufacturing facilities within China, JLR is playing catch up and trying join the club. Last year, JLR sold 42,000 cars...