Revenue rose 5.8 per cent
The company said it took one-time exceptional non-cash charge for asset impairment of 3.1 billion pounds
Trade barriers and logistic issues from a disorderly Brexit could have an impact on JLR's competitive positioning
The Tata Group flagship on Wednesday launched the Harrier, a five-seater sport utility vehicle (SUV) based on the company's Omega architecture
With the Harrier, Tata Motors is looking for significant gains in India's competitive utility vehicle market
Operational expenses have risen faster than staff costs. Wouldn't that be a place to start?
The company said its commercial vehicle sales in the domestic market stood at 36,180 units in December, down 11% from 40,447 units in the same month last year
Tata Motors may even look at selling a part of its stake in JLR if it gets a good valuation, according to sources
The UK luxury carmaker will outline the measures in January as part of a three-year cost-cutting program
In the past one week, Tata Motors outperformed the market by surging 12%, as compared to a 3.6% rise in the S&P BSE Sensex.
The company's passenger vehicles portfolio ranges from entry-level small car Nano to the premium SUV Hexa
While Jaguar wholesales for the month were 15,114 vehicles, that of Land Rover were at 34,198 units
It has been working on a strategy to revive its fortunes in the passenger vehicle segment for the last couple of years, now believes it has products and scale to be among the leaders in the segment
Jaguar Land Rover's bond risk more than quadrupled this year as the automaker faces uncertainty in Europe over its diesel vehicles and Brexit as well as weaker demand in China
Shares of Tata Motors fell as much as 3.15 per cent to Rs 170.15 apiece in early trade on BSE after S&P Global Ratings lowered the credit rating of Tata Motors and JLR
(Reuters) - S&P Global Ratings on Tuesday lowered the credit rating of Indian automaker Tata Motors Ltd and its luxury car unit Jaguar Land Rover Automotive Plc (JLR), citing weaker-than-expected profitability at JLR.
The work on upgrading the showrooms starts from next month and would go on for atleast one year
Maintenance and salaried staff will continue as normal, the company said
Jaguar Land Rover's project will bring together a consortium of academic and industry partners
Moody's said over the first half of the fiscal year ending March 2019 (1H FY2019), JLR's operating performance further weakened and has remained well below its expectations