Sales of commercial vehicles declined 24.51 per cent in June to 31,384 units from 41,577 units a year ago.
They were touted as prestigious takeover trophies won abroad, but there is no mention of the Tatas at the Internet addresses of luxurious car brands Jaguar and Land Rover.
The Tata Motors-owned Jaguar Land Rover (JLR) has signed a fresh deal with China to sell 40,000 cars in 2011.The deal, said to be worth more than 1 billion, comes on the back of an order the company had bagged in 2009 for 13,000 cars valued at that time at 850 million.
Tata Motors shares fall 2%; m-cap erodes by Rs 5,521 cr.
Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.
'Jaguar Land Rover will manage the long-term impact and implications of this decision.'
"Goss, 53, will have overall responsibility for the National Sales Company operations of the Jaguar and Land Rover brands in the United States and Canada," the company said in a statement.
The country's largest auto company reported a total sales of 75,775 units across its various international operations, which include Tata Motors, Tata Daewoo and the Hispano Carrocera range of commercial vehicles, Tata passenger vehicles and the British marquee brands Jaguar Land Rover.
Tata Motors, which owns Jaguar and Land Rover, is in talks with the UK government on assistance for the luxury units as sales have plummeted.
Since price is a big stumbling block, the company is looking at assembly of Evoque in India.
Sales of luxury brands from Jaguar Land Rover were at 30,094 units during May, up 35 per cent from the same month last year, Tata Motors said in a statement.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
The company is banking on investments lined up for product development and other innovations.
'In the luxury car segment, the adoption of EVs is almost double compared to the mass market.'
Rising investment is eating into the luxury carmaker's cash pile.
Tata Motors on Monday said its global sales increased by 36 per cent in July to 90,646 units on robust demand for both commercial and passenger vehicles.
Tata Motors has seen strong upgrades in volume, top line and profit estimates, after reporting an unexpectedly superlative quarterly global volume performance for Jaguar Land Rover (JLR). It was led by strong demand for the Evoque SUV from the Land Rover stable.
The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.
Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.
The latest additions will bring the total number of UK manufacturing jobs announced by JLR over the last three years to almost 11,000.
It is fully geared up for the new tax regime and its vehicles will be available under the new prices with immediate effect.
Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by s decline in revenue from its passenger and commercial vehicles divisions. The company had posted a consolidated net profit of Rs 7,145 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.
The new SUV is rolled out from the company's Pune facility.
The package consists of a three-year committed facility to finance Land Rover's parts and accessories' inventories and receivables in the UK and the US. This is an important element of JLR's working capital financing to cover the key Land Rover parts and accessories' inventories and receivables part of our business, which has a high cash requirement, to function properly.
This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.
The UK government today approved a grant of pound 27 million to Tata Group-owned Jaguar Land Rover
JLR is the UK's largest carmaker, which has witnessed a complete turnaround in its fortunes since Tata Motors acquired the traditional British brands from Ford 10 years ago.
An Indian ownership of Jaguar, one of the two luxury cars that the US car maker Ford is selling off, is not acceptable to the American dealers of the brand. Tata group and Mahindra & Mahindra are two of the front-runners for acquisition of Jaguar and Land Rover, along with a private equity bidder, One Equity that is led by a former Ford CEO.
Tata Motors-owned Jaguar Land Rover on Monday launched a special edition of its latest sports utility vehicle Range Rover Evoque, which will hit the market in October with a price tag of 79,995 pound (over Rs 65 lakh).
From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.
UK-based workers of JLR rejected a pay hike offer, saying that it falls short of their expectations, giving rise to a possibility of strike.
Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.
JLR, which has announced plans to deliver 40 products over the next five years, said in a statement that the Castle Bromwich plant would this year manufacture the 2013 Model Year XF and XJ ranges.
The list of '10 Cars That Changed The World' also features the Ford Model T, the Volkswagen Beetle, the Trabant, the Porsche 911, the Ford Mustang, the AMC Eagle, the Jeep Cherokee, the Dodge Caravan and the Toyota Prius. 'These vehicles changed people's lifestyles and habits as well as automakers' long-term strategies. Some even changed governments,' the magazine said in an accompanying report.
Ford said its Jaguar F1 team would pull out at the end of the 2004 season and its Cosworth engine company was also up for sale.
More than a decade after the iconic race car brand Jaguar was forced to pull out from the gruelling 24-hour Le Mans race, the new owner, the Rs 16,400-crore Tata Motors, is considering a plan to put the brand back on the racing track.
Rakesh Jhunjhunwala has picked up a 1.29 per cent stake in Tata Motors. The September quarter shareholding pattern disclosed by the automaker showed Jhunjhunwala holding 40 million shares.
"Like Russia and China, JLR would be exploring the Indian market also. A team will be coming to India to study the market," Tata Motors Managing director Ravi Kant told analysts in a conference call. He, however, said the company was not expecting big numbers from the two brands in India.
China is one of the biggest markets for JLR. The sales reached 53,000 units in the first nine months of the year, up 80 per cent from a year earlier
Tata Motors is expected to sign the agreement to buy the two Ford-owned luxury marques, Jaguar and Land Rover in the next few days. Tatas are expected to pay $3 billion for the coveted brands. According to sources, Tata Motors, India's largest auto making company, has agreed to most of the clauses put forward by Ford and Unite (workers union of the two brands), including the condition that Tata Motors will not shift the manufacturing facilities of the two brands.
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