Jaguar Land Rover in Talks to Build Brazil Factory

Newswire

By Rodrigo Viga Gaier RIO DE JANEIRO, Nov 25 (Reuters) - British luxury car builder Jaguar Land Rover is about to invest about 1 billion reais ($436.9 million) on a new manufacturing plant in Brazil's Rio de Janeiro state, three government sources told Reuters on Monday. Production at the factory, to be built in the city of Itatiaia, could begin as early as 2015, and an official announcement is scheduled for Dec. 3, said one of the sources, who is not authorized to speak on the ...

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