JLR-owner Tata Group approaches Geely, BMW in hunt for partners
5 years, 1 month ago

JLR-owner Tata Group approaches Geely, BMW in hunt for partners

Live Mint  

Tata Group, the owner of Jaguar Land Rover, has approached carmakers including China’s Zhejiang Geely Holding Group Co. and BMW AG as it seeks partnerships for the beleaguered British automotive business, people with knowledge of the matter said. It wasn’t immediately clear how receptive Geely and BMW were “There have been no talks with Tata or JLR,” Geely said in a statement. PSA Group — the French owner of Peugeot, Opel and Citroen — last month agreed to combine with Fiat Chrysler Automobiles NV to create the world’s fourth-largest automaker by volume. While the conglomerate is open to finding partners for JLR, it doesn’t plan on selling the unit, N. Chandrasekaran, chairman of group holding company, Tata Sons Ltd., said in an interview last month.

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History of this topic

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious
2 months ago

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious

Live Mint  

Tata Motors reported a drop in consolidated net profit in the second quarter of FY25, dragged down by weaker sales across its luxury car arm Jaguar Land Rover and domestic commercial and passenger vehicle businesses. On PLI, Balaji told Mint, “We are expecting that by Q3 we should have the first funds being released, which are rightfully due to us …

Jaguar culls all but ONE model as it axes four petrol and diesel cars and I-Pace in major acceleration to EVs
5 months, 3 weeks ago

Jaguar culls all but ONE model as it axes four petrol and diesel cars and I-Pace in major acceleration to EVs

Daily Mail  

If you want a new Jaguar in 2024, you will soon only have the choice of a single model. I-Pace culled: Jaguar's announced its only existing EV is among of five models to be axed this year, before the brand restructures as an electric-only luxury brand. Cumulatively, over 60,000 Jaguar I-Pace were sold globally The XE saloon is another one …

JLR, Chery to produce Freelander-branded EVs
6 months, 3 weeks ago

JLR, Chery to produce Freelander-branded EVs

China Daily  

The Freelander-branded electric vehicles are to be produced at the plant of CJLR, the joint venture between Jaguar Land Rover and Chery, in Changshu, Jiangsu province. Jaguar Land Rover is to produce electric vehicles in China based on its Chinese partner Chery's platform, said the British premium carmaker on Wednesday. The move, built on the two companies' 12-year relationship, will …

Jaguar Land Rover rakes in biggest profit since 2020
1 year, 5 months ago

Jaguar Land Rover rakes in biggest profit since 2020

Daily Mail  

Jaguar Land Rover hailed its owner Tata's £4billion gigafactory investment as a 'crucial' development for the car industry. JLR, Britain's biggest car company, also reported its best quarterly profit since 2020. JLR delivered its best profit haul since the three months to the end of 2020 The results came after Indian giant Tata Group last week chose Somerset ahead of …

Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry
1 year, 5 months ago

Jaguar Land Rover will build huge £4bn electric car battery plant in Somerset in a major boost for Britain's motor industry

Daily Mail  

Tata's site in Somerset set to be UK's second battery plant at gigafactory scale Britain has triumphed in the race to build a flagship battery plant for the owner of carmaker Jaguar Land Rover. Britain is poised to triumph in the race to build a flagship battery plant for the owner of carmaker Jaguar Land Rover Rishi Sunak's government has …

Jaguar Land Rover plans annual investment of £3 billion by FY26
1 year, 6 months ago

Jaguar Land Rover plans annual investment of £3 billion by FY26

The Hindu  

Tata Motors' owned Jaguar Land Rover plans an annual investment of £3 billion while targeting a revenue of more than £30 billion by FY26, according to an investor presentation by the company. Jaguar Land Rover, which makes SUVs such as Range Rover, Defender and Discovery under the Land Rover brand and Jaguar luxury cars, expects to have revenue of more …

Jaguar will transform into all-electric luxury brand says Chandrasekaran
1 year, 7 months ago

Jaguar will transform into all-electric luxury brand says Chandrasekaran

Live Mint  

Jaguar Land Rover Chairman N Chandrasekaran has said that the company is on track to transform itself into an all-electric luxury brand and the first new cars will arrive in 2025. JLR Interim CEO Adrian Mardell said that the British automaker will start making pure-electric versions of its popular models like Range Rover, Defender and Discovery collections. To this end, …

Jaguar’s evolution into all-electric brand on track; new model launches slated for 2025: Jaguar Land Rover chairman Chandrasekaran
1 year, 7 months ago

Jaguar’s evolution into all-electric brand on track; new model launches slated for 2025: Jaguar Land Rover chairman Chandrasekaran

The Hindu  

The transformation of Jaguar into an all-electric luxury brand is on track with first new vehicles to be launched in 2025, according to Jaguar Land Rover chairman N. Chandrasekaran. Chandrasekaran noted that the company's efforts to address the supply-chain challenges have started to yield results, enabling it to increase production of the new Range Rover, Range Rover Sport, and Defender …

JLR unveils new corporate identity
1 year, 7 months ago

JLR unveils new corporate identity

The Hindu  

Jaguar Land Rover has unveiled its new corporate identity as part of its move to a ‘House of Brands’ organisation. “The new brand identity aspires to remove ambiguity and bring to the fore the unique DNA of each of JLR’s brands - Range Rover, Defender, Discovery and Jaguar – as well as accelerate the delivery of the company’s vision to …

US: Jaguar Land Rover Recalls 6,400 I-PACE Electric SUVs, Here's Why
1 year, 7 months ago

US: Jaguar Land Rover Recalls 6,400 I-PACE Electric SUVs, Here's Why

News 18  

In view to avoid fire-related incidents due to the fault in high-voltage electric car batteries, Tata Motors-owned Jaguar Land Rover recalled somewhere around 6,400 units of I-PACE vehicles in the United States. The step has been taken after a report submitted to the National Highway Traffic Safety Administration, where the company received a complaint about fire-related incidents from almost eight …

Jaguar Land Rover owner set to pick UK for EV battery plant
1 year, 7 months ago

Jaguar Land Rover owner set to pick UK for EV battery plant

Daily Mail  

Jaguar Land Rover owner Tata Motors is gearing up to select Britain for a multi-billion pound electric car battery plant, claiming the Indian firm would choose it over Spain. Such an investment would also give a boost to the British car industry, days after major automakers including Vauxhall owner Stellantis and Ford warned that looming post-Brexit trade rules risked making …

Tata Group leans toward UK over Spain for battery plant: Report
1 year, 7 months ago

Tata Group leans toward UK over Spain for battery plant: Report

Live Mint  

Britain is close to winning a major battery plant for electric vehicles as Tata Group, the parent company of Jaguar Land Rover, leans toward choosing it over Spain. The plant — to be based in Somerset, England — would make batteries for Jaguar Land Rover’s planned range of fully electric models that are due from 2024. Stellantis NV, which is …

JLR's electrification drive puts Tata Motors' financial milestones on hold
1 year, 8 months ago

JLR's electrification drive puts Tata Motors' financial milestones on hold

Live Mint  

Tata Motors Ltd has seen a 21% increase in share value so far this year, as investors react positively to the better-than-expected performance of its UK-based subsidiary, Jaguar Land Rover Automotive Plc. The automaker's ambitious electric vehicle plans, which include a GBP15 billion investment in electrification over the next five years, have bolstered investor confidence. Nomura analysts emphasize the need …

Jaguar Land Rover to plough £15bn into electric car plants
1 year, 8 months ago

Jaguar Land Rover to plough £15bn into electric car plants

The Telegraph  

Jaguar Land Rover has promised to spend £15bn on re-tooling its factories in Britain for electric vehicles, despite uncertainty about battery supply. The British car manufacturer said it would be rebranding itself as simply JLR as part of a major overhaul announced on Wednesday. Despite truncating the iconic Land Rover in its name, chief commercial officer Lennard Hoornik insisted the …

Tata Motors’ JLR vrooms in Q4; margin performance holds key
1 year, 9 months ago

Tata Motors’ JLR vrooms in Q4; margin performance holds key

Live Mint  

Tata Motors Ltd’s British unit, Jaguar Land Rover Automotive Plc, seems to be turning the corner on the volume front. Recall that JLR’s performance in the first half of FY23 was a letdown, with the company missing the volume target in Q2 by 16%. JLR’s FY23 volume, excluding the joint venture with China, represents nearly 4% beat versus guidance even …

Jaguar Land Rover sees Q3 free cash flow above $485 million
2 years ago

Jaguar Land Rover sees Q3 free cash flow above $485 million

Live Mint  

Jaguar Land Rover on Monday forecast free cash flow for the third quarter at more than 400 million pounds, after reporting a 15% rise in wholesale volumes for the period on strong demand and improved chip supply. The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal …

JLR puts Tata Motors in slow lane
2 years, 2 months ago

JLR puts Tata Motors in slow lane

Live Mint  

A slower-than-expected volume ramp up in Jaguar Land Rover Automotive PLC, Tata Motors Ltd’s UK-based subsidiary, is a damper for investors in the company’s shares. Tata Motors’ CV business has lost retail market share this year, according to Vahan data. In the PV business, with automakers such as Maruti Suzuki India and Mahindra and Mahindra launching new vehicles, the market …

JLR deepens localization efforts in China with new model
3 years, 5 months ago

JLR deepens localization efforts in China with new model

China Daily  

A Range Rover Evoque L attracts attention of passers-by in Xiamen, Fujian province. British premium carmaker Jaguar Land Rover has launched a long wheelbase Range Rover model in China, as part of its efforts to deepen localization in the world's largest vehicle market. The Range Rover Evoque L, produced at Chery Jaguar Land Rover Automotive in East China's Jiangsu province, …

Jaguar Land Rover to develop hydrogen-powered concept car
3 years, 6 months ago

Jaguar Land Rover to develop hydrogen-powered concept car

The Hindu  

Luxury carmaker Jaguar Land Rover announced it is developing a hydrogen-powered concept car based on the new Land Rover Defender SUV, with testing slated to begin later this year. “We know hydrogen has a role to play in the future powertrain mix across the whole transport industry, and alongside battery electric vehicles, it offers another zero-tailpipe emission solution for the …

All JLR cars to be fully electric by 2030; Jaguar all electric by 2025
3 years, 10 months ago

All JLR cars to be fully electric by 2030; Jaguar all electric by 2025

The Hindu  

Jaguar Land Rover's car range will be fully electric by 2030 as the carmaker joins a global race to develop zero-emission models to get ahead of looming bans on sales of new fossil-fuel vehicles. JLR, owned by India's Tata Motors, said on Monday the Jaguar brand will lead the way with a fully electric model range built on a brand-new …

Jaguar announces move to all-electric vehicles by 2025
3 years, 10 months ago

Jaguar announces move to all-electric vehicles by 2025

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chief executive Thierry Bollore, who took over the role last year, said the firm is “exploring opportunities to repurpose” …

JLR to Go Electric Only From 2025, Will Launch Their 1st EV i-Pace in India on March 9
3 years, 10 months ago

JLR to Go Electric Only From 2025, Will Launch Their 1st EV i-Pace in India on March 9

News 18  

Jaguar Land Rover has announced that it will be caron-neutral by 2039. the company will offer pure electric power, nameplate by nameplate, by 2030. Proven services like the flexible PIVOTAL subscription model, born out of Jaguar Land Rover’s incubator and investor arm, InMotion, will now be rolled out to other markets following a successful launch in the UK. In addition, …

JLR Prepared With Comprehensive Contingency Plan to Tackle UK's Ongoing Covid Challenges: Tata Motors
4 years ago

JLR Prepared With Comprehensive Contingency Plan to Tackle UK's Ongoing Covid Challenges: Tata Motors

News 18  

Automobile major Tata Motors on Thursday said its subsidiary Jaguar Land Rover has comprehensive contingency planning and actions in place to respond to ongoing Covid challenges and disruption in the UK. The company recently announced that it was planning to buy 49 per cent stakes of Marcopolo S.A. in the bus and coach making joint venture Tata Marcopolo Motors Ltd …

Chinese sales drive JLR's global recovery in Q3
4 years, 2 months ago

Chinese sales drive JLR's global recovery in Q3

China Daily  

Jaguar Land Rover showcases the limited-run Range Rover Fifty at the 2020 Beijing auto show. Jaguar Land Rover's sales are continuing to rebound globally, with China as one of the most important driving forces. Among others, Range Rover vehicle sales went up 30 percent compared with the same quarter last year. Richard Shore, president of Jaguar Land Rover Integrated Marketing, …

Tata Motors seeing beginnings of a recovery of JLR sales in China
4 years, 6 months ago

Tata Motors seeing beginnings of a recovery of JLR sales in China

Live Mint  

Jaguar Land Rover’s Indian owner is seeing the beginnings of a recovery in China sales after the world’s second largest economy gradually opened for business following months of inactivity to check the spread of the coronavirus pandemic. Tata Motors is “nothing” without its luxury unit as it generates as much as 74% of its revenue by selling Jaguar and Land …

JLR agrees 5 billion yuan loan over three years to grow China business
4 years, 7 months ago

JLR agrees 5 billion yuan loan over three years to grow China business

China Daily  

A Jaguar Land Rover dealership in Beijing. British premium carmaker Jaguar Land Rover said on Friday that it had entered into agreements with banks in China for a three-year revolving loan of 5 billion yuan to help finance its strategy of making the country one of its global centers. Arthur Yu, Jaguar Land Rover's vice-president and chief financial officer of …

Tata-owned JLR suspends production
4 years, 9 months ago

Tata-owned JLR suspends production

Hindustan Times  

The Tata-owned Jaguar Land Rover on Friday confirmed that it is temporarily suspending production at its manufacturing facilities in the United Kingdom over the course of next week due to the coronavirus pandemic. A Jaguar Land Rover is among several companies that have halted or are in the process of suspending operations. “As a responsible business, Jaguar Land Rover is …

Investors hurriedly bought Tata Motors shares after news of Brexit deal
5 years, 2 months ago

Investors hurriedly bought Tata Motors shares after news of Brexit deal

India TV News  

Investors hurriedly bought Tata Motors shares on Thursday after the news of Britain and the EU reaching a new Brexit deal reached Dalal Street. According to reports, a Brexit deal has been agreed between UK and EU negotiating teams before a meeting of European leaders in Brussels, post which the benchmark Sensex closed 453 points higher while Tata Motors jumped …

Open to partnerships for JLR, but no plans to sell it: Chandrasekaran
5 years, 2 months ago

Open to partnerships for JLR, but no plans to sell it: Chandrasekaran

Live Mint  

New York/New Delhi: Tata Sons Ltd, the owner of Jaguar Land Rover, said it is open to finding partners for the automaker, but isn’t planning on selling the embattled unit. “We’re not going to sell,” said Natarajan Chandrasekaran, chairman of Tata Sons, the holding company in an expansive business empire that includes Tata Motors Ltd. “Auto is a core business …

Tata’s JLR unveils new Land Rover Defender at Frankfurt auto show
5 years, 4 months ago

Tata’s JLR unveils new Land Rover Defender at Frankfurt auto show

Live Mint  

London: One of the hottest launches at the Frankfurt auto show wasn’t a million-dollar supercar or mass-market bestseller but an updated version of a boxy, no-frills favorite of farmers, explorers and the military. The new Land Rover Defender, which traces its heritage back almost to World War II, was unveiled Tuesday, three years after stricter emissions and safety standards consigned …

Tata Motors-owned JLR inks pact with BMW to develop next-gen electric vehicles; aims to increase consumer adoption
5 years, 7 months ago

Tata Motors-owned JLR inks pact with BMW to develop next-gen electric vehicles; aims to increase consumer adoption

Firstpost  

JLR said the agreement will enable both the companies to take advantage of efficiencies arising from shared research and development New Delhi: Tata Motors-owned Jaguar Land Rover Wednesday said it has joined hands with BMW to develop next-generation electric drive systems. The collaboration seeks to advance development of electrification technology to support transition autonomous, connected, electric, shared future, Jaguar Land …

Tata Motors sees JLR back in profit this year on cost cuts, recovery in Chinese demand; says no plans to sell British auto arm
5 years, 7 months ago

Tata Motors sees JLR back in profit this year on cost cuts, recovery in Chinese demand; says no plans to sell British auto arm

Firstpost  

Britain-based JLR has been at the centre of media speculation in recent months, with reports Tata might look to sell a stake and also that the unit was set to announce a major investment in Britain. Mumbai/Bengaluru: Tata Motors expects its luxury Jaguar Land Rover arm to return to profit this financial year helped by cost cuts and a recovery …

Tata denies it is selling Jaguar Land Rover to Peugeot owner PSA
5 years, 8 months ago

Tata denies it is selling Jaguar Land Rover to Peugeot owner PSA

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Indian conglomerate Tata has denied …

Tata Motors’ JLR recalls 44,000 cars over CO2 emission levels
5 years, 9 months ago

Tata Motors’ JLR recalls 44,000 cars over CO2 emission levels

Live Mint  

Tata Motors owned Jaguar Land Rover has initiated a voluntary recall of around 44,000 cars in the UK over higher than certified levels of carbon dioxide emissions. "Jaguar Land Rover is conducting a voluntary recall following the identification of CO2 performance variability with certain Jaguar and Land Rover vehicles fitted with 2.0L diesel or petrol engines," a JLR statement said. …

Opinion | A Tata Sons IPO could be the answer to Tata Motors’ JLR quandary
5 years, 10 months ago

Opinion | A Tata Sons IPO could be the answer to Tata Motors’ JLR quandary

Live Mint  

India’s Tata Group should treat the speed bump at Jaguar Land Rover as a timely memo: the $102 billion salt-to-software conglomerate can no longer put off listing its closely held parent. When I suggested a Jaguar Land Rover IPO in Hong Kong or London, Chandra, as he’s known, had just been named Tata Sons’ chairman. Preferred shares would give the …

Tata is said to explore options for struggling Jaguar Land Rover
5 years, 10 months ago

Tata is said to explore options for struggling Jaguar Land Rover

Live Mint  

Tata Group, India’s biggest conglomerate, is exploring strategic options for its Jaguar Land Rover Automotive Plc unit including a potential stake sale in the struggling luxury carmaker, people familiar with the matter said. The Indian conglomerate’s Mumbai-listed automotive arm, Tata Motors Ltd., currently owns 100 percent of Jaguar Land Rover. Jaguar Land Rover has hit several roadblocks in the past …

Jaguar Land Rover considers financing options after shock writedown
5 years, 11 months ago

Jaguar Land Rover considers financing options after shock writedown

Live Mint  

London: Jaguar Land Rover, reeling from a $4 billion writedown, a slump in China sales and uncertainty around Brexit, said conditions aren’t right for it to borrow from the bond market and that it’s seeking alternative funding. To support its needs, JLR could increase a receivables facility or turn to other bank financing, with further options including leasing assets and …

Tata Motors posts Q3 loss of ₹26993 crore
5 years, 11 months ago

Tata Motors posts Q3 loss of ₹26993 crore

Live Mint  

Bengaluru: Tata Motors Ltd on Thursday posted a loss for the third-quarter, hurt by an impairment charge for its luxury car unit Jaguar Land Rover. Troubles at the Jaguar Land Rover unit, which has been hit hard by US-China trade tensions, low demand for diesel cars in Europe and Brexit worries, had tipped Tata Motors into its first loss in …

Jaguar Land Rover announces 4,500 job losses, starting in Britain
6 years ago

Jaguar Land Rover announces 4,500 job losses, starting in Britain

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

JLR car sales dip 4.6% in 2018 on China woes
6 years ago

JLR car sales dip 4.6% in 2018 on China woes

Live Mint  

New Delhi: Tata Motors Ltd’s UK subsidiary Jaguar Land Rover Plc on Thursday reported a 4.6% fall in global car sales to 5,92,708 units in 2018 hit by tough market conditions in China. Jaguar sales in 2018 stood at 180,833 units, a growth of 1.2% over 2017 sales while Land Rover’s declined 6.9% in 2018 to 4,11,875 units. The data …

Jaguar Land Rover is slashing 4,500 jobs
6 years ago

Jaguar Land Rover is slashing 4,500 jobs

CNN  

New Delhi CNN Business — Britain’s biggest carmaker is cutting thousands more jobs. Jaguar Land Rover will reduce its global workforce by 4,500 as part of a plan to cut costs by £2.5 billion, it announced Thursday. “We are taking decisive action to help deliver long-term growth, in the face of multiple geopolitical and regulatory disruptions as well as technology …

Tata Motors’ JLR said to plan to large-scale job cuts
6 years ago

Tata Motors’ JLR said to plan to large-scale job cuts

Live Mint  

Bangkok/London: Jaguar Land Rover will announce plans early next year to cut thousands of jobs as part of a turnaround strategy, the Financial Times reported, citing several unidentified people close to the company. The UK luxury carmaker, owned by India’s Tata Motors Ltd, will outline the measures in January as part of a three-year cost-cutting program, the report said. S&P …

S&P cuts Tata Motors rating on JLR weakness
6 years, 1 month ago

S&P cuts Tata Motors rating on JLR weakness

Live Mint  

Bengaluru: S&P Global Ratings on Tuesday lowered the credit rating of Tata Motors Ltd and its luxury car unit Jaguar Land Rover Automotive Plc, citing weaker-than-expected profitability at JLR. S&P also expects Tata Motors’ leverage to deteriorate over the next 12-18 months, given its ongoing cash losses at JLR despite turnaround plans for the unit. In October, Tata Motors logged …

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