Jaguar Land Rover plans to build a new vehicle factory in Slovakia

British carmaker Jaguar Land Rover plans to build a new vehicle factory in Slovakia, in its first European production plant outside of the UK, according to two people with knowledge of the decision.
JLR will invest in the region of £1bn in the new plant, which will have a capacity of 300,000 cars per year, the FT’s Henry Foy reports.
The carmaker, owned by India’s Tata Motors, has signed a letter of intent with the Slovakian government to build the factory in the western city of Nitra, which beat off rival bids from Poland, Hungary and Mexico to build the new plant.

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