JLR to increase investments in UK engine plant

Luxury car maker Jaguar Land Rover (JLR) plans to increase investment at its UK engine plant and double employment at the site to around 1,400, its chief executive said on Monday.

Ralf Speth said ahead of the Geneva car show thatb the firm planned to increase investment at the plant in central England to over 500 million pounds from a previous plan of around 350 million.

Jaguar Land Rover (JLR) has ridden a rise in demand for its luxury saloons and SUVs over the past two years, notably in China and other emerging markets, bucking the trend of plant shutdowns and falling production at many European automakers. The investment is part of a surge in capital spending in JLR's production facilities.