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The decline in Tata Motors share came on the back of disappointing sales figures for Jaguar Land Rover (JLR) in the September quarter (Q2FY25).
In the past week alone, Tata Motors' stock has climbed 18 per cent following an upgrade from brokerage firm Nomura, which set a 'Buy' rating and a target price of Rs 1,294 per share.
Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company
We have the full EV starting with the Range Rover around the end of next year, Amba said
Luxury automaker Jaguar Land Rover on Thursday reported record sales at 3,582 units for nine months ended December 31, 2023. The company said its sales rose 93 per cent year-on-year as compared to the April-December period of the last fiscal. Range Rover and Defender continue to lead with a year-on-year (YoY) rise of 250 per cent, contributing to over 75 per cent of the current order book, the automaker said. In the October-December quarter, the company reported a 74 per cent YoY growth, achieving retail sales of 1,226 units, it added. The newly launched Range Rover Velar witnessed a YoY sales growth of 183 per cent in the quarter, JLR said. "Over the past nine months, JLR's progress in India has been characterised by consistent and substantial growth. Each quarter has shown an impressive year-on-year surge of nearly 100 per cent," JLR India Managing Director Rajan Amba said. The burgeoning order bank and continuous order intake signal a robust demand, underscoring promising futu
Jaguar Land Rover (JLR) India on Thursday reported its highest-ever performance in the first half of this fiscal with sales of 2,356 units. The automaker had retailed around 1,194 units in the April-September period of the last financial year. The strong half-yearly growth was driven by record sales in both quarters, with Q2 witnessing a 108 per cent year-on-year (YoY) growth and retails of 1,308 units, JLR India said in a statement. The company had previously reported a 102 per cent sales growth in Q1, compared to the same period last year, it added. "The consistent growth in our order book exemplifies the growing strength of our brand and products in the hearts of Indian consumers," JLR India Managing Director Rajan Amba stated. The company would continue to introduce new products that are best suited to meet the discerning needs of customers and invest in strengthening brand desire and client experience, he added. The order book in FY24 has seen consistent growth, with the fir
Performance rides on 209% growth in the Range Rover, Range Rover Sport, Defender sales
The Tata Motors-owned luxury automaker noted that the retail sales for the three-month period continued to be constrained by the global semiconductor shortage
Jaguar Land Rover India on Tuesday said it has commenced bookings for the updated version of F-PACE SUV
JLR performance in China, the region least impacted by Covid-19 in the most recent quarter, has been particularly encouraging
The UK's Treasury department plans to set up a bad bank or asset resolution fund to hold stakes in companies that it may end up part-owning
The group had sold 1,04,964 units in the same month last year
The sales of Jaguar brand were at 11,464 units during the month, down 23.1 per cent from November 2018, Tata Motors said in a BSE filing
The company, which assembles six out of the 11 models that it sells in India, is open to more local manufacturing depending on the market growth of the luxury vehicles here in the country
For December 2018, the total sales for JLR were at 52,160 units, a decline of 6.4 per cent as compared with December 2017
Land Rover retailed 33,251 vehicles in November, down 14% year-on-year
Retail sales rose significantly in the UK by 46.9 per cent and North America by 24.1 per cent on the back of newer models
Tata Motors-owned Jaguar Land Rover today said it plans to bring 10 new products in India in 2018-19, riding high on 83 per cent jump in sales in the last fiscal. JLR India completed 2017-18 with a total sales of 4,609 units against 2,514 units in the previous fiscal. "Our sales for 2017-18 were driven almost equally by the Jaguar and Land Rover brands," Jaguar Land Rover India Ltd (JLRIL) President & Managing Director Rohit Suri told PTI. The company's new products such as the fifth-generation all-new Land Rover Discovery and the New Range Rover Velar have been received very well in the market. Besides, other models like Jaguar XE, XF and F-PACE and Land Rover Discovery Sport and Range Rover Evoque have also done well during the year, he added. Commenting on the plans for the new fiscal, Suri said, "We have 10 product actions lined up for 2018-19. We are not looking to enter completely new segments." The new products could be facelifts or model year changes, he said without ...
The impact of customs duty hike on parts and kits by 5% would raise prices ranging between 3.5-5% across the various models of JLR
Markets such as Mexico, India and Brazil, saw more positive results, with sales up by 9% to 6,551 units, said JLR