Page 6 - Jaguar Land Rover

Tata Motors Q2 loss narrows to Rs 217 crore on better JLR performance

India business in red by Rs 1,270 cr on poor sales

Tata won't sell Jaguar Land Rover, open to adding partners: Chandrasekaran

Tata Motors bought the maker of the Jaguar XE sedan and Land Rover Discovery sport utility vehicle from Ford Motor Co. in 2008

JLR to suspend production in UK plants for a week in November

The Tata Motors-owned automaker has three manufacturing plants in the UK at Halewood, Solihull and Castle Bromwich

Jaguar, Audi SUVs fail to dent Tesla's electric vehicle dominance

Porsche and Mercedes-Benz are also joining Formula E for the 2019-2020 season to help generate buzz for the new all-electric models they have coming out

CRISIL downgrades rating of Tata Motors to 'AA-' on JLR outlook

Crisil on Wednesday downgraded the rating of Tata Motors by a notch to 'AA-' on weakening of outlook on the business risk profile of Jaguar Land Rover (JLR). The long term rating of the company has been downgraded from 'AA' to 'AA-' with negative outlook, Tata Motors said in a regulatory filing. The rating action is based on the weakening of outlook on the business risk profile of JLR, it said. Earlier this week, global ratings agency S&P reaffirmed Tata Motors' long-term issuer and issue credit ratings at 'B+' and kept the outlook negative due to high cash burn at its British arm Jaguar Land Rover and geopolitical risks.

JLR sales increase 5% in July at 37,945 units; China market improves

Land Rover sales were at 26,559 units, up 5.6 per cent from the same month last year

S&P reaffirms B+ rating for Tata Motors, keeps outlook 'negative'

Ratings agency S&P has reaffirmed Tata Motors' long-term issuer and issue credit ratings to be 'vulnerable to nonpayment' while keeping the outlook negative. S&P Global Ratings said it has reaffirmed 'B+' on Tata Motors' long-term issuer and issue credit ratings while keeping negative outlook due to high cash burn at its British arm Jaguar Land Rover, geopolitical risks such as Brexit and the US tariffs, and India's automotive market slowdown. The ratings agency has also removed the company from CreditWatch stating geopolitical risks could take longer than expected to play out. "We expect Tata Motors' cash flow to stay negative at least for the next 12-24 months until global automotive demand recovers, the company's Chinese operations stabilise, and the expected cost cutting restores its financial health," S&P said in a statement. Tata Motors' first-quarter fiscal 2020 performance remained weak, despite expectations of a recovery over the next 12-24 months, it added. "In

Over 800 Indian companies want minimal disruption as Brexit looms

The country's new prime minister, Boris Johnson, was elected by his Conservative Party on the assurance that Britain would leave the EU by October 31

Tata Elxsi to de-risk business model; focus on rail communication

In the June quarter, the Tata group company reported a 31% decline in net profit to Rs 48.79 crore

Tata Motors scouts for partners to fund JLR's capital expenditure needs

JLR has already pared capex by almost a fifth in the last 12 to 18 months and may have to do more in the wake of multiple headwinds

Eager to assemble more cars locally, but high taxation a hurdle: JLR India

The company said lowering of GST from the current 28 per cent to 18 per cent would help the industry recover from the slowdown and in turn spur employment generation

Tata JLR unveils major electric car investment plans for UK

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

Jaguar Land Rover CEO Ralf Speth's salary falls 42% in two years: Report

Compensation of Tata Motors MD & CEO Butschek rises 14% in the same period

Jaguar Land Rover plans to build electric cars at UK factory: Report

An all-electric version of its XJ luxury saloon will be the first of three new vehicles to be made from a common skeleton followed by a sport utility vehicle, the Sunday Times said

Govt should stop terming luxury cars sin goods, reduce GST burden: JLR

At present, the Indian luxury vehicles market is around 40,000 units annually, and JLR with its product portfolio addresses a segment of around 27,000 units

Jaguar Land rover reports 12.2% dip in global sales at 42,370 units in May

Sales of Jaguar brand of vehicles stood at 13,142 units in May, a dip of 9.4 per cent over May 2018, the company said in a statement

Jaguar launches 2019 edition of Discovery starting at Rs 75.18 lakh

The model will be available in four variants powered by a 2.0 litre diesel engine, JLR India said in a statement

BMW, Jaguar Land Rover team up to develop electric motors, transmissions

BMW and Jaguar Land Rover said they will save costs through shared development, production planning and joint purchasing of electric car components

JLR launches new petrol variant of Range Rover Sport priced at Rs 86.7 lakh

Jaguar Land Rover India Tuesday launched the latest version of petrol variant of Range Rover Sport in the country, priced at Rs 86.71 lakh (ex-showroom). Available in S, SE & HSE trim, the new model is powered by a 2.0 litre petrol engine with a twin-scroll turbocharger that delivers a power output of 221 kW and 400 NM of peak torque. "The success of the Range Rover Sport has been integral in driving demand for the Land Rover portfolio in India. The Model Year 2019 2.0 l petrol derivative should further increase the aspirational value of the flagship model at an attractive and exciting price," JLR India President and Managing Director Rohit Suri said in a statement. The model comes with various features including three-zone climate control and cabin air ionisation. JLR sells its vehicles in India through 26 authorised outlets.

JLR begins sale of locally-manufactured Range Rover Velar trim in India

The locally manufactured model is offered in a single trim, R Dynamic-S variant, and is available with both petrol and diesel powertrains