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Midlands JLR boosted by £500m loan to sell next generation electric vehicles

Friday, July 19, 2019

Our News

Genesis Sponsor Prestigious City Award !
Sunday, June 25, 2017
This year’s Coventry Telegraph Business Awards have attracted sponsorship from leading companies across our region.....and we are pleased to say that we are one of them!!
Detroit Electric - the incredible $370million deal.....
Monday, March 13, 2017
A $370million deal has been signed to begin large scale production of a range of electric sports cars and SUVs in Leamington.

More than 200 new jobs will be created at Detroit Electric’s factory in Harrison Way with the launch of the SP:01, a £100,000 sports car to rival the Tesla.
Thousands of new jobs and homes announced for Coventry!
Monday, March 13, 2017
A £392m masterplan for the Midlands is expected to create at least 3,500 jobs in Coventry and Warwickshire.

The Midlands Engine Strategy, launched by Chancellor Philip Hammond, includes more than £42 million to regenerate Coventry and towns including Nuneaton, Bedworth and Rugby.
Jaguar Land Rover submits planning application for huge expansion at Whitley
Tuesday, November 22, 2016
The new 325,000 sq ft development, part of which would be sited on land to the south of the Whitley site, would serve as a state-of-the art facility for the Coventry car maker to design and engineer the means of powering the Jaguar Land Rover vehicles of the future.
JLR Sales Continue to Grow...
Wednesday, August 17, 2016
Jaguar Land Rover are continuing to break records after announcing they’ve had their best ever July sales...
Government backs Jaguar Land Rover £500m Coventry expansion plans
Tuesday, March 15, 2016
The Telegraph asked Mr Javid about Jaguar Land Rover’s £500million expansion plans at Whitley South (part of a longer term vision which could see the firm step up its move into the electric vehicle market)

The company aims to occupy half of the 60-acre site on the opposite side of the A45, next to Coventry Airport.
Coventry LTI Procure new £44M Deal
Tuesday, March 15, 2016
London Taxi Company signs deal worth more than £44 Million to expand into Australia
UK record car sales fuel JLR success
Tuesday, February 23, 2016
New car sales reached an all-time high in Britain in 2015 as improving consumer confidence, wage growth and low-interest finance deals from manufacturers boosted the market
Warwickshire Means Business!
Monday, January 25, 2016
The latest GVA (Gross Value Added) data released by ONS shows a consistent increase in Warwickshire’s GVA per capita, surpassing the national average.

As this is a measure of economic wellbeing, this suggests that residents in Warwickshire remain more prosperous than the average resident in England.
UK new car registrations at all-time high in 2015
Monday, January 18, 2016
UK new car sales hit an all-time record last year.

Some 2.63 million new vehicles were registered in 2015, up about six percent on 2014 and the fourth consecutive year of growth.