China's Chery says wins regulatory approval for Jaguar Land Rover JV

BEIJING, Sept 21 Fri Sep 21, 2012 9:56am IST

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BEIJING, Sept 21 (Reuters) - China's Chery Automobile Co said on Friday it has won regulatory approval to launch a Chinese joint venture with Jaguar Land Rover.

The National Development and Reform Commission (NDRC) has approved the plan, a Chery spokesman said. (Reporting by Fang Yan in BEIJING and Kazunori Takada in SHANGHAI; Editing by Daniel Magnowski)