Automotive firms face a number of possible risks under a disorderly Brexit, including delays to the supply of ports and finished models, new customs bureaucracy, and the need to recertify models
In the second half of 2020, the company plans to launch its first battery electric vehicle, the Jaguar I-PACE
Jaguar Land Rover India Tuesday said it will increase prices of select products by up to 4 per cent with effect from April 1. The company, however, did not specify which models will be affected by the price hike. "This increase in price is purely inflationary and we are certain that the two global iconic brands, Jaguar and Land Rover, will continue to attract existing and new customers," Jaguar Land Rover India President & Managing Director Rohit Suri said in a statement. JLR India's products under the two brands Jaguar and Land Rover ranges from Jaguar XE with price starting at Rs 40.61 lakh to Range Rover tagged at Rs 1.79 crore. Last week, Toyota Kirloskar Motor (TKM) had also announced that it would increase prices of some of its products from next month in order to offset rise in input cost. TKM, however, did not disclose the quantum of hike and the models that would become costlier.
The UK-based luxury car-maker said on Thursday that it will contact the owners of the affected vehicles to arrange for free-of-charge repairs
Had holding company Tata Sons Ltd. been a publicly traded firm, it could have raised equity relatively easily to help tide JLR over
Last month, Jaguar Land Rover's owner Tata Motors Ltd reported the biggest-ever quarterly loss in Indian corporate history
Tata is considering alternatives ranging from a minority stake sale to finding a venture partner that would jointly develop vehicles and lower costs
The company's liquidity, all its cash plus a 1.94 billion pound revolving credit facility due in 2022, has deteriorated dramatically in the past two years
Britain's biggest carmaker is slashing 4,500 jobs, or about 10% of the workforce, as it responds to slowing sales
According to the company, the landmark edition is powered by the 2.0-litre Ingenium diesel engine, which delivers a powerful 132 kW output
The firm has previously warned about the impact of Brexit. It has already had to cut production due to slowing demand in China
This is in addition to the 1500 people the company let go off in 2018
British carmaker is owned by India's Tata Motors and employs more than 40,000 people in Britain.
The sales achieved in 2018 was the highest calendar year volume to date for the company
Jaguar Land Rover India Tuesday said it has launched the latest version of its SUV Discovery Sport priced at Rs 44.68 lakh (ex-showroom). Each derivative of the 2019 Discovery Sport is now furnished with fresh features that further enhance the vehicle's capability to offer the true spirit of adventure, the company said in a statement. "With the Model Year 2019 Discovery Sport, we now offer our customers an extensive range of derivatives and enhanced powertrain options that provide efficiency and an improved driving experience," Jaguar Land Rover India President & Managing Director Rohit Suri said. It adds on the unique combination of versatility and distinctive design that has made the model one of the leading models in the Land Rover portfolio, he added. The SE and HSE derivatives of the model which are powered by the 2.0 litre Ingenium diesel engine now get more powerful 132 kW output, while the Pure variant continues to be powered by the 110 kW output powertrain, the company ...
The special edition, XJ50 will be available in long wheelbase with 3 litre diesel engine option
Sales in China, where the high-end market is still growing, tanked. JLR has long been a profit center for the whole company
Last week, the firm's boss Ralf Speth warned that the wrong Brexit deal could cost tens of thousands of car jobs and risks production at the firm
Sales of Jaguar brand were up 7.7% at 11,802 units last month, while those of Land Rover stood at 24,827 unit
The cars will be sold to worldwide through the same dealer network