<p>Tata Motors' owned Jaguar Land Rover (JLR) is working on an ambitious plan to set up a factory in the US, in a first for a British carmaker in the world's second-biggest automobile market.<br /><br /></p>.<p>The West Midlands-based luxury carmaker is reportedly talking to several southern states of America, including South Carolina, about building a plant in the US, The Sunday Times claimed today.<br /><br />JLR is capitalising on a turnaround in its fortunes after Tata acquired the struggling brand for around 1.3 billion pounds back in 2008.<br /><br />It is all set to open a 130,000-vehicle factory in China on Tuesday and later this month will launch its i54 engine plant in Wolverhampton -— a 500-million-pound investment.<br /><br />It has also signed a deal for a new factory in Brazil and is exploring three possible locations in Wales for a new logistics hub, though it is also considering a site in the Midlands.<br />Selling directly into the US would allow JLR to avoid high import tariffs and smooth the impact of fluctuating currency rates.<br /><br />The newspaper believes it would probably receive significant start-up support from the chosen state, and could commit itself to building a factory that will eventually produce 200,000 cars a year.<br /><br />The company has also been exploring the possibility of opening a factory in Mexico.<br />JLR sold about 55,000 cars in North America last year, an eighth of its 425,000 global sales.<br />Its target is to reach 1 million cars by the end of the decade. <br /><br /></p>
<p>Tata Motors' owned Jaguar Land Rover (JLR) is working on an ambitious plan to set up a factory in the US, in a first for a British carmaker in the world's second-biggest automobile market.<br /><br /></p>.<p>The West Midlands-based luxury carmaker is reportedly talking to several southern states of America, including South Carolina, about building a plant in the US, The Sunday Times claimed today.<br /><br />JLR is capitalising on a turnaround in its fortunes after Tata acquired the struggling brand for around 1.3 billion pounds back in 2008.<br /><br />It is all set to open a 130,000-vehicle factory in China on Tuesday and later this month will launch its i54 engine plant in Wolverhampton -— a 500-million-pound investment.<br /><br />It has also signed a deal for a new factory in Brazil and is exploring three possible locations in Wales for a new logistics hub, though it is also considering a site in the Midlands.<br />Selling directly into the US would allow JLR to avoid high import tariffs and smooth the impact of fluctuating currency rates.<br /><br />The newspaper believes it would probably receive significant start-up support from the chosen state, and could commit itself to building a factory that will eventually produce 200,000 cars a year.<br /><br />The company has also been exploring the possibility of opening a factory in Mexico.<br />JLR sold about 55,000 cars in North America last year, an eighth of its 425,000 global sales.<br />Its target is to reach 1 million cars by the end of the decade. <br /><br /></p>