Jaguar Land Rover to commit £1 billion in UK supply contracts
In coming four years Jaguar Land Rover has planned an additional £1 billion which will be spent on UK supply contracts. The company had already initiated a £2 billion supply contract to 40 UK suppliers in March 2011. These suppliers offer services, facilities and auto components for the Range Rover Evoque at Halewood, Merseyside.
The company reached sales of 60,000 units even while orders continued to pour in for Range Rover Evoque. JLR has also announced opening of a new logistic centre at Ellesmere Port, Cheshire which will get underway from this summer and will offer sales support for Range Rover Evoque and Freelander 2 while offering job opportunities to around 300 persons. The new component warehouse will be located at a 405,000 sq ft site called Phoenix close to Vauxhall’s car plant in Ellesmere Port. Jaguar Land Rover will be leasing the warehouse from property company Highcross and is set to commence by summer of 2012.
Range Rover Evoque went on sale in September 2011 and has already won about 100 international awards. By the end of April 2012, the company had sold 60,111 Evoque models. In March 2012, JLR had created 1,000 new jobs at the company Halewood plant which will offer support production of both Evoque and Freelander 2. This recruitment campaign took the Halewood workforce to 4,500, i.e. three times more than what the company employed three years ago. The plant now works three shifts and round the clock production.
Suppliers contract is a deal between manufacturer and vendor. Under this contract, vendor is required to produce parts for the manufacturer. Supplier can be a LED lights manufacturer, headlight manufacturer, glass manufacturer, and many more.
Auto News Release
JLR COMMITS EXTRA £1 BILLION TO UK SUPPLIERS – AND CREATES 300 JOBS
Global success of Range Rover Evoque and Freelander 2 creates new logistics jobs
£1bn additional supplier contracts support growing demand for Range Rover Evoque
Halewood, 11th May 2012. Jaguar Land Rover (JLR) is to spend an additional £1 billion with UK suppliers over the next four years amid continued global demand for the Range Rover Evoque.
With more than 60,000 sold worldwide and with a healthy order book, JLR has increased the value of UK supply contracts by £1 billion, in addition to the £2 billion supply contracts it awarded to more than 40 UK suppliers in March 2011. These suppliers provide components, facilities and services to support the Range Rover Evoque production line at Halewood on Merseyside.
JLR today also confirmed that a new logistics facility in Ellesmere Port, Cheshire, will open this summer to support the global sales success of both the Range Rover Evoque and Land Rover Freelander 2.
JLR’s logistics provider, DHL, will manage this purpose-built automotive logistics site to enhance its existing operations at JLR’s Halewood plant, creating around 300 new jobs.
Dr Ralf Speth, CEO Jaguar Land Rover, said “Today’s announcements demonstrate JLR’s clear ambition for continued growth. The demand we have seen across the globe for the Range Rover Evoque means we are able to significantly increase what we spend with our suppliers, which is great news for the UK economy, and the thousands of jobs JLR supports in its supply chain. Our commitment to the North West will also be enhanced with the new logistics facility and this will support the future success of both our Freelander 2 and Range Rover Evoque models.”
Paul Dyer, Managing Director of DHL Supply Chain’s automotive services in the UK and Ireland, commented: “We are delighted to continue our support for JLR’s ever-growing expansion plans. As the UK’s North West region is fast becoming a major supply chain hub for the automotive industry, this new facility will greatly enhance the next stage of the company’s development and future success.”