UK Govt offers Land Rover €29.2m to build new car

The British Government has offered a grant of up to £27m (€29.2m) to motor giant Land Rover to build a new vehicle, it was announced today.

The company will make a decision later this year on whether to go ahead with the £400m (€432m) project at its factory at Halewood on Merseyside.

The car will be based on Land Rover’s LRX Concept vehicle, first shown at the Detroit Show last year, and would be the smallest, lightest and most efficient it has ever produced.

Phil Popham, managing director of Land Rover, said: “We welcome the Government’s support for this project, which would form a key part of our future product plans and which we very much want to put into production.”