Slovakia and Poland Compete for Jaguar Land Rover
- New Europe Investor
- July 06, 2015
Jaguar Land Rover, who are owned by Tata Motors are in discussions to expand its manufacturing into Central and Eastern Europe.
According to the Slovakian media, Poland is the favourite to win the investment, which is said to be worth €1.68 billion.
The sixth round of negotiations are being launched today.
If it goes to Poland it will be the largest investment ever put into the Polish automotive industry.
According to Indian media sources, the Polish plant, if it is to happen, would be in Krakow and would not come on stream until 2019.
It is reported that the factory will have the capacity to produce over 350,000 cars per year.
The German car manufacturers association statistics prove Polish competitiveness in the production of cars.
It states that the cost of labour in car production in Great Britain is €25.31 per hour, where in Slovakia it is €10.57. Poland is less than 35% the cost in Great Britain, at only €8.79.
Last year Jaguar Land Rover opened a production plant in China with a capacity to build 130,000 and is currently also building one in Brazil.
They are also reportedly looking to build a plants in Mexico and US.
India’s Tata Motors bought Jaguar Land Rover from Ford Motors in 2008.