Are We British? Jaguars, Land Rovers to Be Built in Slovakia - TheStreet.com

to locate the brands' next assembly plant in Nitra, Slovakia. Tata said the assembly plant, which is scheduled to open in 2018, will be significant for increasing the number of its vehicles built from aluminum, a lightweight metal that is being used more to comply with air-quality standards. Ford bought Jaguar in 1989, and then bought Land Rover from BMW in 2000. Ford sold Jaguar and Land Rover to Tata when finances grew tight. "The expansion of our business globally is essential to support its long-term, resilient growth," Raif Speth, CEO of Jaguar Land Rover, said in a statement. "With its established premium automotive industry, Slovakia is an attractive potential development opportunity for us. ". Jaguar and Land Rover models continue to be assembled in Great Britain, as well as in China and India. Source: www.thestreet.com