Car maker Jaguar Land Rover is to begin assembling cars in China.
Chief executive Carl-Peter Forster told the BBC the company would make at least two models in China, but that it would take up to two years to set up. Jaguar Land Rover said the move into China did not indicate a move away from the UK, where it is still planning to create an additional 1,000 jobs this year.
The car maker’s pre-tax profits for the year to March were £32m, following two years of losses, with sales in China up 38%. But Forster stressed that China would never be the centre for Jaguar Land Rover, which, he said, will remain in the UK.
Despite the return to profit, the company still plans to close either its Solihull factory or its Castle Bromwich factory within the next decade.