The company's sales, however, improved by 50 per cent during the July-September quarter as against 74,067 units in April-June period of the current fiscal
Tatas looking for partners in JLR, Steel unit may go lock, stock and barrel
Former Renault executive Bollore, who replaces Ralf Speth at JLR's helm, will assume office effective Sept 10
Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q1FY21 were at 11,598 units, lower by 89 per cent over Q1FY20
From job cuts at Jaguar Land Rover to SC notice to plea over medical cover on mental illness, Business Standard brings to you top events of the day
Tata has begun to address some of the financial issues facing JLR, providing the brand with a $910 million equity infusion to help bolster its balance sheet.
Consolidated revenue stood at Rs 65,432 crore versus Rs 77,981 crore a year ago
The company said these critical steps will also support and grow the existing supply chain, making the UK less dependent on essential materials sourced abroad today
The company will launch four new models by FY24 taking the total nameplates in its portfolio to 16 from 12 at present
JLR India president and managing director Rohit Suri is bullish about a spike in volumes despite the end of the lower taxation boost that GST regime offered
The Jaguar portfolio in India includes XE with a starting price of Rs 34.64 lakh, XF starting at Rs 44.89 lakh, F-PACE Rs 67.37 lakh onward and XJ with a starting point of Rs 97.39 lakh (ex-showroom prices across India)
Tata Motors-owned British luxury carmaker Jaguar Land Rover (JLR) has invested $25 million in US ride hailing company Lyft as part of a partnership that includes development and testing of autonomous cars. The investment in Uber's chief US rival Lyft was done through InMotion Ventures, the venture capital arm of JLR, and was part of the $600 million funding round the ride hailing firm closed in April at a valuation of $7.5 billion. In a statement, InMotion said that the innovation would help Lyft expand by supplying its drivers with fleets of Jaguar and Land Rover cars. However, more importantly it said that it would use the partnership to further its research and development in mobility services, including autonomous cars. "Personal mobility and smart transportation is evolving and this new collaborative venture will provide a real-world platform helping us develop our connected and autonomous services," VentureBeat quoted Sebastian Peck, Managing Director at InMotion as saying, in .
Jaguar brand recorded retail sales of 12,203 units in February, up 81.1%
Velar will be built exclusively at JLR's flagship Solihull plant in the West Midlands region
CEO says will make electric cars in Britain