wsws.org, September 7, 2013
An extract from the article:
JLR is in a joint venture with Chinese car manufacturer Chery in building a new £1.1 billion car manufacturing plant near Shanghai that will be in operation in 2015. China is rapidly becoming the main market for JLR’s top-selling Range Rover Evoque, which is currently produced at Halewood. Bill Russo, the president of the Chinese-based management consulting firm Synergistic Ltd, warned JLR last year it needed to be “localised, as quite frankly, their competition is localising.” Russo was referring to Volkswagen, Daimler, Audi, Mercedes Benz and BMW, which have located production to China under joint venture operations. By joining up with Chery, JLR will avoid the 25 percent import duty levied against foreign automotive imports.
Read the full article at wsws.org
Read the full article at wsws.org
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