Page 2 - Jlr

Luxury carmaker JLR unveils major investment plans powered by 'Tata family'

UK-based Jaguar Land Rover (JLR) luxury carmaker on Wednesday announced a major investment plan of GBP 15 billion over five years, backed up by a Gigafactory planned by Indian parent company Tata Group in Europe. JLR Chief Executive Adrian Mardell confirmed plans for the company's plant in Halewood, north-west England, to become an all-electric production facility as he reaffirmed the firm's commitment to the Reimagine strategy, which will reposition the luxury car manufacturer as an electric-first company by 2030. He also revealed that JLR would be the anchor customer of the Tata Group's proposed Gigafactory, an announcement related to which he said is hopefully imminent. JLR will not be building a Gigafactory; that is not within our plans. Tata will be building a Gigafactory. We are clear it's going to be in Europe. A final destination hasn't yet been chosen," Mardell told reporters at a media event in Gaydon, the company's base in the West Midlands region of England. The importa

Rising demand, better chip supplies powering TaMo's ride out of losses

Growing global and domestic demand, better semiconductor chip supplies, and softening commodity prices are powering the automotive manufacturer's ride out of losses

Fired by Elon Musk or Mark Zuckerberg? The old economy is there for you

British lender Barclays Plc is offering support for laid-off workers looking to start new fintech businesses and hopes to fill some of its thousands of technology job vacancies.

Tata Motors dips 3% as Jaguar Land Rover CEO Thierry Bollore resigns

The company has appointed Adrian Mardell (acting CFO), who has been witn the company for the past 32 years, as the interim CEO

Results preview: Strong operational show to drive Q2 for auto firms

Easing chip supply, demand for premium models and price hikes at play

Top headlines: Putin accelerates Ukraine crisis; India set to unlock data

LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.

Lack of major triggers may cap near term upsides for Tata Motors

While India volumes remain strong, JLR sales have been muted in the December quarter

S&P upgrades Tata Steel, Tata Motors, JLR ratings over Tata Sons' influence

The upgrades reflect the view that the credit profiles of the Tata Group entities are strengthened by their importance to Tata Sons, with potential for financial support

Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade

Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock

Tata Motors' net-debt-to-equity ratio at a decade high in FY21

Automaker has cumulatively raised nearly Rs 50,000 crore of fresh equity

Near term headwinds for JLR due to chip shortage to weigh on Tata Motors

Brokerages cut FY22 estimates sharply, expect recovery in second half of FY22

JLR drives in new Land Rover Discovery in India priced Rs 88 lakh onwards

Jaguar Land Rover (JLR) on Wednesday said it has launched updated version of Land Rover Discovery in the country with price starting at Rs 88.06 lakh (ex-showroom). The model comes with the latest generation of petrol and diesel engines, advanced infotainment system and superior comfort and practicality with seven seat configuration. "The new Discovery, while retaining Land Rover's legendary breadth of capability, offers renewed levels of refinement, luxury and efficiency which make it the best full-size SUV for the outdoors and adventure-filled journeys with the family," JLR India President and Managing Director Rohit Suri said in a statement. The Land Rover range in India includes the Range Rover Evoque (starting at Rs 59.04 lakh), Discovery Sport (starting at Rs 65.30 lakh), Defender 110 (Rs 83.38 lakh), Range Rover Sport ( Rs 91.27 lakh) and Range Rover (starting at Rs 2.10 crore). JLR sells its cars from 24 dealerships across the country.

Semi-conductor shortages: Why did Tata Motors' warning spook investors?

JLR acco­u­nts for half the company's global unit sales and nearly 80 per cent of its consolidated revenues

We see a sharp rebound in the second half of FY22: JLR on investor call

Assurance comes a day after the company's stocks slumped by more than 10% following profit warnings over scarcity of semiconductors

Tata Motors: Analysts see up to 66% upside despite chip supply constraints

Shares of Tata Motors recovered 4 per cent from lows on Wednesday after the company scheduled an analysts' call later today to address the concern

Jaguar Land Rover India commences deliveries of new Range Rover Evoque

Jaguar Land Rover (JLR) India on Tuesday said it has commenced deliveries of new version of Range Rover Evoque in the country. The updated Evoque comes with 2-litre petrol and diesel powertrains. The 2-litre petrol engine delivers a power of 184 kW, while the 2-litre diesel engine generates 150 kW of power. The price of the model starts from Rs 64.12 lakh (ex-showroom). "Range Rover Evoque has always turned heads with its unique, modernistic and smart design. "With the introduction of new interior colorways and latest Land Rover technologies, the new Evoque's style quotient is even more enhanced and the new Ingenium powertrains make it more powerful and efficient," JLR India President & Managing Director Rohit Suri said in a statement. The new Range Rover Evoque comes with new features such as 3D surround camera, cabin air ionisation with PM2.5 filter, wireless device charging with phone signal booster and new infotainment system.

JLR commences bookings for new F-PACE SVR in India

Jaguar Land Rover (JLR) India on Monday said it has commenced bookings for the updated version of F-PACE SVR SUV in the country

JLR drives in new Range Rover Velar in India tagged at Rs 79.87 lakh

Jaguar Land Rover (JLR) India on Wednesday said it has launched an updated version of Range Rover Velar with price starting at Rs 79.87 lakh (ex-showroom). The new Velar is available in the R-Dynamic S trim with 2-litre petrol and diesel powertrains. The model now comes with various new features like air suspension, 3D surround camera and cabin air ionisation with PM2.5 filter. "Range Rover Velar is one the most aspirational SUV's in India because of its peerless blend of avant-garde design, luxury and technology. In its latest avatar, with the introduction of new technology and convenience features, the Range Rover Velar has become more desirable than ever," JLR India President and Managing Director Rohit Suri said in a statement. The Land Rover range in India includes the Range Rover Evoque (starting at Rs 59.04 lakh), Discovery Sport (starting at Rs 65.30 lakh), Defender 110 (starting at Rs 83.38 lakh), Range Rover Sport (starting at Rs 91.27 lakh) and Range Rover (starting at R

JLR to begin testing prototype hydrogen Land Rover this year

Jaguar Land Rover will begin tests later this year on a hydrogen fuel-cell prototype model based on its Land Rover Defender vehicle

JLR to temporarily suspend production at 2 plants from Apr 26: Tata Motors

Decision taken due to supply chain disruption amid Covid-19 pandemic