Jaguar Land Rover has bought a new engineering and development site at Fen End, near Balsall Common.
JLR say they chose the site because it is at the heart of its manufacturing, research and development facilities.
The company says they are still drawing up plans for the area, which is just under 200 acres.
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Becoming windy overnight.
Largely dry tonight but becoming very windy with rain tomorrow.
When it opened its doors in 1988 it was one of only three such places in the world.