JLR and IAC team up to take on Brazil

Tier 1 interiors supplier International Automotive Components (IAC) has opened its first South American facility as part of an ‘aggressive’ growth strategy. This was specifically constructed to support Jaguar Land Rover’s (JLR’s) new plant in Itatiaia, Brazil. The investments come as declining sales across South America have many established players on the rocks, and even heading for the exits.