If you live in Brazil and are pining away for a Jaguar or Land Rover, Tata Motors will open a factory for the luxury marques in time for the 2016 Summer Olympics.
The new factory, slated to produce 24,000 units annually at the beginning, is set to begin construction in Itatiaia sometime next year. The two luxury brands already hold 53 percent of the luxury SUV market in Brazil, with a goal to sell 10,000 units in 2014; 9,549 Evoques, Freelanders, Discoverys et al have left the showroom through October 2013.
Tata will use the new factory to meet local demand before considering export markets nearby, and is considered to be a major step in their overall global manufacturing strategy.
from The Truth About Cars http://www.thetruthaboutcars.com
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