JLR has announced it has invested £370 million to upgrade its UK manufacturing facilities and increase productivity as it prepares to launch the all-new Range Rover in 170 countries around the world. Sales of the fourth-generation Range Rover, the L405, are to begin this month following a three-year engineering project, supporting 1000 jobs in design, product development and manufacturing at JLR.
Dr. Ralf Speth, JLR Chief Executive Officer, said, '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. 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. Through a £370m investment in our manufacturing facilities we have been able to build the world’s first SUV with lightweight all-aluminium construction, a car that is 20% lighter, with fuel consumption and carbon dioxide emissions reduced by 22%.'
As part of the £370 million investment package, JLR has installed a new aluminium body shop for the latest Range Rover at the company’s Solihull plant, near Birmingham, along with upgrades to paint-applications technologies, trim assembly, warehousing and JLR’s first customer handover centre. 'Jaguar Land Rover is firing on all cylinders, generating export revenues of close to £8 billion a year as we meet demand for a model-range that justifies continued expansion in our UK facilities and elsewhere,' added Dr Speth.
The Jaguar Land Rover Chief Executive today celebrates the new Range Rover launch at a preview event in Richmond Park, London, where prospective owners, dealers, the media and company executives will view the latest model.
Customers will begin taking delivery of the new vehicles in early 2013
The arrival of the latest model follows a significant investment in all-aluminium production processes at Land Rover’s Solihull plant, where more than 6800 workers are employed on Range Rover and other models. The lightweight aluminium platform will deliver enhanced performance and fuel economy, lowering CO2 emissions. Such breakthroughs follow a capital expenditure programme that has seen JLR create more than 8000 new jobs in the past two years. The company is spending in excess of £1.3 billion with suppliers around the world, with £800 million of that in the UK, supporting an estimated total of 190,000 jobs in the UK supply chain.