By Santanu Choudhury
NEW DELHI--Jaguar Land Rover Automotive PLC will build some of
its luxury vehicles in Graz, Austria, through a contract
manufacturing agreement with a unit of Magna International PLC
(MGA).
The U.K.-based unit of India's Tata Motors Ltd. (TTM) said that
the contract with Magna Steyr, "will create additional volumes
needed to support the company's plans to achieve further
growth."
JLR said the partnership will complement its operations in the
U.K. as the company has plans to take manufacturing at three plants
there close to full capacity.
The company didn't disclose the number of vehicles or the car
models that would be produced in Graz. It also didn't disclose its
combined manufacturing capacity in the U.K.
"The expansion of its international manufacturing operations
allows Jaguar Land Rover to develop an increasingly flexible, agile
and efficient global manufacturing strategy," the company said in a
statement.
JLR said it has doubled its sales to more than 462,000 vehicles
worldwide in the past five years, and is in the process of
manufacturing 12 all-new or upgraded vehicles at its U.K. plants
including the Jaguar XE sedan and Jaguar F-Pace sport-utility
vehicle.
As part of its global expansion plans, the company opened a new
car plant in China--its single-largest market--last year in a joint
venture with Chery Automobile Co. It is also scheduled to open a
new manufacturing plant in Brazil in early 2016, and has been
running a car-assembly factory in India since 2011.
Write to Santanu Choudhury at santanu.choudhury@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires