Brief: Bilia Signs Deal With Jaguar Land Rover To Become Its Official Importer

Bilia AB

13/11/2023 08:00

Nov 13 (Reuters) - Bilia AB  BILIa.ST :
    * BILIA APPOINTED FUTURE IMPORTER FOR JLR BRANDS IN NORWAY
AND
SWEDEN
    * SIGNED AN AGREEMENT WITH JAGUAR LAND ROVER (JLR) TO BECOME
OFFICIAL IMPORTER FOR JLR BRANDS (RANGE ROVER, DEFENDER,
DISCOVERY, JAGUAR) IN SWEDEN AND NORWAY.
    * AS PART OF AGREEMENT, A JOINT VENTURE, BILIA JLR IMPORT
AB, WILL
BE ESTABLISHED BETWEEN TWO COMPANIES
    * NEWLY ESTABLISHED JOINT VENTURE AGREEMENT INCLUDES IMPORT
OPERATIONS FOR NEW CAR SALES AND AFTERMARKET SERVICES. IMPORTER
OFFICES WILL BE LOCATED IN MALMÖ AND OSLO
    * IMPORTING BUSINESS IS EXPECTED TO COMMENCE BY APRIL 1,
2024.
    * JLR IS A WHOLLY OWNED SUBSIDIARY OF TATA MOTORS LIMITED
AND IS
HEADQUARTERED IN UNITED KINGDOM

Source text for Eikon:  ID:nGNEJWDcH 
Further company coverage:  BILIa.ST 

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