Land Rover and Jaguar invest $589 million to build new 2013 Range Rover

Jaguar Land Rover announced today that it has invested £370 million ($589 million USD) to upgrade its UK manufacturing facilities to launch production of the new Range Rover in 170 countries around the world.

Sales of the fourth-generation 2013 Range Rover are scheduled to start this month following a three-year engineering project.

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The investment will support 1,000 jobs in design, product development and manufacturing at Jaguar Land Rover.

“This outstanding new Range Rover symbolises our commitment to investing in Britain and exporting around the world, delivering class-leading performance, agility, quality and luxury in a model that enjoys iconic status in almost every market,” said Dr. Ralf Speth, Jaguar Land Rover Chief Executive Officer. “As the UK’s leading automotive investor in R&D we are proud of the work that has gone into developing the new technologies and innovations to make the new Range Rover possible.”

– By: Omar Rana