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India turns the screw on luxury car makers

Land Rover will still be sending CKD to India despite the rise in import duty India’s economy is growing almost exponentially, as a result of which it has a big, rising middle-class with much the same aspirations as the middle-class in the West. Those aspirations include the accumulation of status symbols considered worthy of representing their success and new wealth, none more so than a good set of wheels. So it’s no surprise that the mainstream luxury car makers – Jaguar, Land Rover, Mercedes, Audi and BMW – are ready, willing and able to provide exactly what India’s middles classes are looking for.

Jaguar Land Rover create 700 more jobs at new engine plant

Jaguar Land Rover has announced that they are creating an additional 700 jobs – double the original – at their new engine plant in Wolverhampton. Back in 2011, we revealed that Jaguar Land Rover were planning a new facility on the i54 development in Wolverhampton to build engines for their cars, removing the reliance on Ford’s (excellent) engines in the process. That investment was to be £335 million with 700 new jobs created in Wolverhampton – and more than 2,000 in the supply chain – but it seems that’s not going to be enough with Jaguar Land Rover sales continuing to grow at a great rate of knots.

Alfa's U.S. return likely for 2012, Marchionne says

Fiat's on-again, off-again plan to return Alfa Romeo to the United States is on again, this time with a target date of 2012. A Chrysler Group spokesman has confirmed remarks made by CEO Sergio Marchionne in Toronto. “I'm a lot more confident now that Alfa Romeo will reconstitute a product offering that is acceptable globally, and more in particular in the United States and Canada,” Marchionne was quoted as saying Friday.