Report: Jaguar Land Rover chooses Austria over Hungary
Jaguar Land Rover automobile manufacturing company chose to open its latest plant in Graz, Austria, dashing hopes that they would open a factory in Hungary, online news portal hvg.hu reported today.
The report noted that the English multinational automotive company previously suggested that it might open its new automobile manufacturer factory in Debrecen, Szombathely, Zalaegerszeg or in Győr.
According to hvg.hu, the company’s growth rate exceeded the capacity of their original equipment manufacturing plants in the United Kingdom, and therefore the expansion became necessary.
Jaguar Land Rover was purchased by the Indian company Tata Motors Limited from Ford Motor Company in 2008.
ADVERTISEMENT
Technical Recession Ends, KSH Confirms
India's G20 Presidency, Dawn of New Multilateralism - Narend...
Production Resumes at Ganz's Szolnok Plant
TikTok Commits to Improved Consumer Communication in Hungary
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
