Jaguar Land Rover and Chery Automobile Company agree on terms for proposed joint venture company in China
Green Car Congress
MARCH 21, 2012
Jaguar Land Rover (JLR) and Chery Automobile Company Ltd have reached agreement on a proposed joint venture in China. JLR and Chery will now follow the official process to establish a joint venture company in China. Annual sales in 2011 increased by 60%, to 42,000.
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