When did Land Rover acquire Chery?

20 17.20 17 In March, Land Rover announced that it would sell the equity of its China joint venture company to Chery Automobile. Chery Land Rover Automobile Co., Ltd. was established on 20 12 1 1. It is jointly funded by Chery Automobile Co., Ltd. and Jaguar Land Rover with a share ratio of 50: 50. It is the first Sino-British high-end automobile enterprise in China.