Jaguar Land Rover opens new plant in Slovakia

FILE - In this file photo taken on Wednesday, Sept. 28, 2016, a worker polishes a Jaguar logo on a car at a Jaguar dealer in London. Jaguar Land Rover is opening a new US$1.6 billion plant for the luxury car maker in Slovakia, its first on the continental Europe. The U.K.-based company, which is owned by India's Tata Motors, has built the plant near the city of Nitra, about 100 kilometers (65 miles) west of the capital, Bratislava, that should initially produce 150,000 cars a year which could later increase to up to 300,000. (AP Photo/Frank Austin, file)

BRATISLAVA, Slovakia (AP) — Jaguar Land Rover is opening a new, $1.6 billion plant in Slovakia, the luxury car maker’s first in continental Europe.

The U.K.-based company, owned by India’s Tata Motors, built the plant near Nitra, about 100 kilometers (65 miles) east of Bratislava, to initially produce 150,000 cars a year. The Slovak government is giving the carmaker investment subsidies of up to 130 million euros ($148 million).

Slovakia is a regional car-making powerhouse. Germany’s Volkswagen, France’s PSA Peugeot Citroen and South Korea’s Kia Motors Corp. all have a major plant in this Central European country of 5.4 million people.

The company said it will shift all production of its Discovery model from Birmingham, England, to Slovakia amid falling diesel sales, vehicle taxes and uncertainty about Britain’s departure from the European Union.

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