JAGUAR Land Rover is to invest a further £120 million in its Solihull plant.
The announcement was made at the Frankfurt Motor Show where JLR showcased its new F-Pace model (pictured).
Built alongside the Jaguar XE at the company’s flagship Solihull manufacturing plant, Jaguar’s new model has resulted in an additional £120 million of investment in the facility.
This takes the total amount invested in Solihull to £620 million in recent years – the largest investment in the 70 year history of the plant.
The new F-Pace, XE and XF alone have also led to £13 billion of UK supplier contract awards – signalling the importance of eth car giant, not just to its own employees, but the supply chain across the region and beyond.
Around £5 billion of this is attributed to the F-Pace alone.
Jaguar Land Rover chief executive, Dr Ralf Speth said: “We are pushing the boundaries in design, engineering and manufacturing to deliver outstanding cars.
“Our investment in the development of the F-Pace, its industry leading architecture and the UK plants which support its manufacture provides a clear signal that Jaguar Land Rover is committed to Britain and advancing the skills and capability of the industry.”
Jaguar Land Rover’s latest model also benefits from significant investments in the company’s Castle Bromwich plant.
The £400mn investment in facilities across this site included a new blanker line which produces blank sheets of aluminium used to create F-PACE body panels, making it the most aluminium intensive product in its class.
The Jaguar F-PACE will go on sale worldwide in early 2016.