Jaguar Land Rover and Chery agree joint venture in China

Jaguar Land Rover (JLR) and Chery Automobile Company have reached agreement on a proposed joint venture in China.

The agreement follows extensive talks between JLR and Chery on establishing an equal partnership company.

The scope of the proposed joint venture (JV) would include manufacture of JLR- and JV-branded vehicles; establishment of a research and development facility; engine manufacture; and sale of vehicles produced by the JV company.

JLR and Chery will now follow the official process to establish a joint venture company in China.