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read Jaguar Land Rover investing more in technology and innovation - Automotiveinfo

In its 65th anniversary year, Jaguar Land Rover recently announced plans for further investments in technology and innovation at the Geneva International Motor Show.

This includes the introduction of 8 new or updated products this year and £2.75 billion (US$4.2 billion approx. ) investment in new product development. They are also increasing total investment to more than £500 million (approx. US$755 million) to their state-of-the-art Engine Manufacturing Center in the UK, doubling the number of jobs to 1,400.

The new model releases will include the world's first 9-speed transmission in a passenger vehicle, alongside its new all-electric Defender research vehicles. The Jaguar XFR-, which is their Jaguar's fastest and most powerful sports saloon car, also makes its eagerly awaited European debut alongside the new two-seat sports car, the Jaguar F-TYPE.

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