Jaguar Land Rover has received the prestigious 2014 Queen’s Award for Enterprise in International Trade, reflecting sustained sales success driven by global exports to over 170 countries.
21 Apr 2014 | 3438 Views | By Autocar Pro News Desk
Jaguar Land Rover has received the prestigious 2014 Queen’s Award for Enterprise in International Trade, reflecting sustained sales success driven by global exports to over 170 countries.
The award is conferred today, on Her Majesty The Queen’s birthday, citing Jaguar Land Rover’s “outstanding overseas sales growth over the last ...
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Jaguar Land Rover has received the prestigious 2014 Queen’s Award for Enterprise in International Trade, reflecting sustained sales success driven by global exports to over 170 countries.
The award is conferred today, on Her Majesty The Queen’s birthday, citing Jaguar Land Rover’s “outstanding overseas sales growth over the last three years”.
It is one of the most important awards for British businesses. The official award notification to Jaguar Land Rover reads: “Her Majesty The Queen has been graciously pleased to approve the Prime Minister’s recommendation that your business should receive a Queen’s Award for Enterprise in International Trade, this year.”
Exports account for 80 percent of all vehicles Jaguar Land Rover produces at its three UK manufacturing plants. In 2013, the company sold 425,006 vehicles, up 19 percent on the previous year. Jaguar Land Rover’s largest export regions are mainland Europe, North America and China, together accounting for 60 percent of all export sales.
In addition, the Tata Group-owned company’s share of vehicle sales in regions beyond its traditional major markets in the UK, US and Europe has increased from below 15 percent in 2008 to more than 40 percent now, as it has focused on driving a balanced global sales presence.
Dr. Ralf Speth, Jaguar Land Rover CEO, said of the Queen's Award: "We are delighted and honoured to receive this recognition of Jaguar Land Rover's contribution to British enterprise. Our success is thanks to our dedicated and passionate employees who create exciting vehicles that are in high demand with customers around the world.
"This Queen's Award is the perfect complement to us being named Responsible Business of the Year 2013, in recognising our success internationally as well as the many positive ways we contribute to society."
Jaguar Land Rover vehicles are all engineered and designed in Britain, with two R&D centres in addition to its three production facilities. The company now employs almost 28,000 people directly in the UK, rising to almost 30,000 globally, with a further 190,000 UK jobs supported in dealerships, suppliers and local businesses.
Later this year, Jaguar Land Rover will open its first all-new engine manufacturing facility – located near Wolverhampton, UK – to produce a new family of advanced, aluminium engines, called ‘Ingenium’, that will power future Jaguar and Land Rover vehicles.
The centre, which was visited in February by Prime Minister, David Cameron, is the product of a £500 million (Rs 5,078 crore) investment by the company and will create almost 1,400 new UK jobs. It will also create a further 3,500 highly skilled jobs in the supply chain and the wider UK economy.
Jaguar Land Rover is investing a further £1.5 billion (Rs 15,234 crore) to introduce an all-new, technically-advanced aluminium vehicle architecture in forthcoming models, beginning with the new Jaguar XE premium sedan to be manufactured from 2015 at the company’s Solihull facility, creating 1,700 new jobs.
This is the first Queen’s Award won by Jaguar Land Rover as a single company, but each of the brands has won six times in the past between 1967 and 2008.
Photograph: HM The Queen and Dr Ralf Speth.