Jaguar Land Rover announced that 1,300 new jobs will be made available at its Solihull factory to build a new sport utility vehicle (SUV).
The government hailed the decision as a “ringing endorsement” of the UK’s cars industry after the car-maker almost doubled their workforce over the past three years to 9,450 at the £1.5bn plant in West Midlands.
According to Jaguar Land Rover chief executive Dr Ralf Speth, the announcement demonstrates the company’s commitment to the UK and “the advancement of a high-tech, high-skilled, manufacturing-led economy”.
Almost 30,500 people are already employed by the car-maker in the UK, with a recent addition of another 1,700 vacancies having been announced in 2013 to build Jaguar’s XE. The developments are part of Jaguar’s investments in aluminium and lightweight technologies.
According to Business Secretary Vince Cable, the decision was great news for British manufacturing and a ringing endorsement of the UK’s expertise in innovation and technology.
"The UK's automotive industry is thriving with a new car rolling off the production line every 20 seconds, and increasing levels of investment that's helping to secure local jobs," he said.
Jaguar Land Rover’s latest sales figures have shown a two-fold increase in its sales over the past five years, registering a turnover of £19.4bn for the 2014 financial year.
"Jaguar Land Rover has once again outperformed prior-year performance, with retails up across all of our key regions,” said Andy Goss, Jaguar Land Rover Group sales operations director, in a statement.
“With 12 significant new product actions planned for 2015 and the introduction of the new Jaguar XE and the Land Rover Discovery Sport, we anticipate retailing over half a million vehicles for the first time in the company's history.”
The new crossover SUV model is expected to go on sale in 2016 and is based on its C-X17 concept car.