Jaguar set to rev up Chinese sales
Tuesday 11 January 2011
Jaguar Land Rover has pledged to increase its sales in China, the Government said on the sidelines of a visit by a senior Chinese politican yesterday.
The company, which is owned by India's Tata Motors, is set to sell about 40,000 Jaguar and Land Rover cars, worth more than £1bn, in the fast-growing Chinese market this year.
The announcement was made during a visit by the country's vice-premier, Li Keqiang, who arrived in the UK accompanied by delegation of business and political leaders.
In all, British and Chinese companies inked deals worth about £2.6bn, including a partnership between the privately-held chemicals firm Ineos and Petrochina.
Petrochina announced a framework deal that will see it join hands with Ineos to form refining joint ventures at the Lavera refinery in France and Grangemouth in Scotland.
- 1 Forget 'The Dress': Here are five of the biggest news stories you might have missed
- 2 The black and blue dress: Makers considering a white and gold version
- 3 PornHub turns masturbation into energy in bid to save the planet
- 4 The remarkable archaeological underwater discovery that could open up a new chapter in the study of European and British prehistory
- 5 MH370: 'Putin ordered plane to be flown to Kazakhstan space port,' conspiracy theory claims
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
PornHub turns masturbation into energy in bid to save the planet
Ukraine crisis: Top Chinese diplomat backs Putin, says West should 'abandon zero-sum mentality'
White and gold or blue and black – what colour is the dress? An eyewitness gives a definitive answer
Saudi Muslim cleric claims the Earth is 'stationary' and the sun rotates around it
New theory could prove how life began and disprove God
Half of Ukip voters say they are prejudiced against people of other races
This is what it's like to be dead, according to a guy who died for a bit
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Aqsa Mahmood branded a 'disgrace' by her parents after claims she recruited three UK girls flying to Middle East
iJobs Money & Business
£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...
£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...
£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...
£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...