Jaguar Land Rover India

Tata's Jaguar Land Rover plans to raise $500 million through offshore loan

Proceeds raised will partially refinance an existing $800 million loan maturing in January

JLR owner says slow China economy hurting luxury car sales

Simultaneous shift toward advanced EVs in the market dominated by local manufacturers such as BYD is also hurting the likes of JLR, Porsche AG and Mercedes-Benz Group AG

Tata Motors share races 6% in 3 days as most brokerages upbeat on outlook

The northward move in the Tata Motors share today came after domestic brokerage DAM Capital upgraded Tata Motors to 'Buy' from 'Neutral'

Tata Motors advances demerger scheme, unveils new corporate structure

Completion of the scheme is contingent on obtaining necessary shareholder, creditor, and regulatory approvals, anticipated to take 12-15 months

Tata Motors Q1 Preview: JLR, Indian CV sales may fuel revenue growth

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.

On the path to carbon neutrality, six EVs to come in 4 years: JLR India MD

We have the full EV starting with the Range Rover around the end of next year, Amba said

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

Tesla is also expected to start importing its cars to India and make an investment in the country

Jaguar develops mobile energy-storage unit using Range Rover batteries

The MAX BESS can charge up to nine Range Rover PHEVs at a time and can be recharged using a standard EV charger

Jaguar Land Rover reports best-ever sales at 3,582 units in Apr-Dec period

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

Closely monitoring demand for battery electric vehicles: JLR India

Jaguar Land Rover is closely monitoring the demand for battery electric vehicles in India and depending upon the emerging scenario will "strategise" the entry of more models into the country, according to a top company executive. In an interaction with PTI, Jaguar Land Rover (JLR) India Managing Director Rajan Amba said the domestic market is distinct in its demands for a variety of factors. "And as such we are closely monitoring demand for battery electric vehicles (BEVs). As luxury consumers become more discerning in their choices and adoption of new technology, we are committed to delivering exceptional vehicles that exceed their expectations along these lines," he noted. The company currently sells just one electric model -- Jaguar I-Pace -- in the country. Globally, JLR will open bookings for the new Range Rover BEV by end of this year, built upon the success of existing modular longitudinal architecture (MLA), which currently underpins the ICE (internal combustion engine) Ran

JLR India retail sales double to 1,048 units in best-ever Q1 showing

Performance rides on 209% growth in the Range Rover, Range Rover Sport, Defender sales

UK set to win battle for electric Jaguar Land Rover battery plant

Tata has chosen a site in Somerset, west England, owned by Salamanca Group, an investment and advisory business with roots in real estate, people familiar with the plans said

Tata Group job opening ads for UK cell developer hints at local factory

The plant is set to make batteries for Jaguar Land Rover's planned range o fully electric models that are due from 2024.

Jaguar Land Rover's cash flow expectations of £500 mn hit by chips fallout

The global semiconductor shortage has undermined the luxury carmaker's turnaround as it struggles to work through a debt reduction plan

Interest rate hikes, global inflationary pressures may impact demand: JLR

Hike in interest rates by central banks globally is expected to enhance financing costs for consumers and could impact future demand, Jaguar Land Rover said in a report. The UK-based marquee brand, which aims to be a full stack battery electric player in the next two years, also pointed out that high rate of inflation exacerbated by the Ukraine conflict, elevated energy prices and post Covid supply disruption as other negative factors. "Increasing interest rates in 2022 (including the UK, USand Europe) will flow through into financing costs for consumers and could impact future demand," the automaker said in its Interim Report for the third quarter. The company is working to offset inflationary trends and other issues like high energy prices through profitability improvement actions, it said. The automaker, which is owned by Tata Motors, said that although constraints continue, chip supply is expected to continue to gradually improve. "Partnership agreements put in place with key

Jaguar Land Rover sees December quarter free cash flow above $485 million

The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal year 2023 and "near breakeven" for the full year

Thierry Bollore quits JLR, Adrian Mardell to take over as interim CEO

Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong

Jaguar Land Rover inks partnerships to improve semiconductor supplies

Tata Motors-owned Jaguar Land Rover is stitching up partnerships to improve semiconductor supplies, as it looks to improve sales volume in the second half of the current financial year. In the September quarter, the marquee brand reported revenue of 5.3 billion pounds and wholesale volumes (excluding China JV) of 75,307 units, up 18 per cent, as compared with the July-September period of last fiscal. The automaker noted that despite strong demand and a record order book, sales during the second quarter continued to be constrained by the global chip shortage. "Partnership agreements with several semiconductor suppliers and more in progress are expected to enable improving volumes in the second half of the financial year ending March 2023 and beyond," JLR said in its interim report for the second quarter and six-month period ended September 30, 2022. Semiconductor supply continued to restrict production in the quarter but the production of New Range Rover and New Range Rover Sport ..

Tata Motors to delist ADS, net loss in second qtr narrows to Rs 945 crore

The move will help simplify the company's financial reporting requirements and reduce administrative costs, it said

Britain's West Midlands lobbying M&M to open motorcycle factory in the area

Midlands region is home to more than 400 specialist firms including Aston Martin Lagonda and India-owned Jaguar Land Rover