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Jaguar Land Rover, Chery seek China's OK for $2.8 bn joint venture

The venture, to be located close to Shanghai in Changshu city, will make Land Rover SUVs initially, followed by Jaguars in the second phase

Ford at the Delhi Auto Expo in January, 2012
Ford at the Delhi Auto Expo in January, 2012
Jaguar Land Rover and Chery Automobile Co are seeking regulatory approval for a 17.5 billion yuan car venture in eastern China, two people with direct knowledge of the deal told Reuters on Monday.
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