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£1bn Investment Boost Car Finances for JLR

The popularity and success of the Range Rover Evoque has promoted Jaguar Land Rover to announce it will spend an extra £1bn with its UK suppliers over the next four years – which is only going to boost the UK car industry and economy.

The popularity and success of the Range Rover Evoque has promoted Jaguar Land Rover to announce it will spend an extra £1bn with its UK suppliers over the next four years – which is only going to boost the UK car industry and economy.
 
JLR CEO Dr Ralf Speth said: "Today's announcements demonstrate JLR's strong products and 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. "
 
Couple this with the announcement of new jobs a few weeks ago and everything is looking seriously rosy for JLR as they continue to sell well abroad and domestically.
 
For the car finances of the UK car industry, let’s hope they keep it up.

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