With more than 500,000 cars rolling off the production lines at its three British plants in 2015, Jaguar Land Rover have now taken over Nissan as the UK’s largest vehicle manufacturer. This is due to the firm having almost trebled production since 2009.
However, JLR do not want to stop there. The West-Midlands’ based company are planning a further £450m of investment at their i54 site, on the border of Wolverhampton and South Staffordshire, which is expected to double production. JLR has also doubled its workforce to 35,000 over five years and so are one of the Midlands main employers.
This is obviously hearting news to the people of the area and a positive message from our manufacturing sector as a whole.
Further stats reveal that almost 1.6 million cars were built in the UK in 2015, an increase of 3.9% over the previous year, reported the Society of Motor Manufacturers and Traders (SMMT).
Nearly four out of five cars were exported, up by 2.7% on 2014, despite a huge fall in sales to China and Russia.
Such a shame we cannot say the same about the steel industry?!
What a pity that they are no longer British owned.