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Ineos To Finalize Factory Location To Set-Up New Off-Road Vehicles Manufacturing Plant By Year-End
car&bike Team
Nov 17, 2018, 8:09 PM
Ineos Chief Executive Officer Jim Ratcliffe said last year that an off-roader modeled on Land Rover's classic Defender could be rolling off British production lines if the owner of petrochemicals giant can win government backing for it. Ratcliffe had also said he would invest 600 million pounds ($770.16 million) to begin output of the new off-roader from 2020-21, adding that he would prefer to build in Britain but that there are cheaper alternatives in countries such as Germany where the workforce is already trained.
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