(Reuters) – Jaguar Land Rover (JLR) will invest 65 million pounds ($80.71 million) to expand its luxury paint services in the UK and Slovakia to meet increased demand for personalised cars from high-end clients, it said on Monday. The luxury car maker joins rival Rolls-Royce Motor Cars, a unit of BMW, in trying to cash […]
Business
JLR to invest $80 million to meet demand for custom luxury car colours
Audio By Carbonatix
(Reuters) – Jaguar Land Rover (JLR) will invest 65 million pounds ($80.71 million) to expand its luxury paint services in the UK and Slovakia to meet increased demand for personalised cars from high-end clients, it said on Monday.
The luxury car maker joins rival Rolls-Royce Motor Cars, a unit of BMW, in trying to cash in on the trend.
JLR will more than double the capacity of its SV Bespoke Paint matching service, allowing Range Rover SV clients to paint their cars in any colour, including those matching their private jets or yachts.
The company will open new paint facilities in Castle Bromwich, West Midlands and Nitra, Slovakia.
Rolls-Royce said earlier this month it will invest 300 million pounds to focus more on bespoke cars, featuring anything from gold sculptures to mother-of-pearl artwork.
($1 = 0.8053 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Sahal Muhammed)