Prices of the Range Rover V8, Range Rover Sports V8 and Jaguar F-Type will be reduced by an average of 200,000 yuan (Rs 20.4 lakh) from August 1. Every fourth car made by Jaguar Land Rover is sold in China.
The vehicle will be powered by a 3.0-litre TDV6 diesel engine, featuring an 8-speed automatic transmission.
Prime Minister Narendra Modi on Saturday visited a Tata Motors-owned Jaguar Land Rover factory in the West Midlands region of England that is known as the flagship Indian investment in the UK.
The turnaround at Tata-owned car-maker Jaguar Land Rover accelerated in the July-September quarter as booming demand in China helped drive a 30 per cent rise in sales, the company announced in a statement.
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 company is developing a new model in its research and development centre in the United Kingdom, which will primarily address the defence needs of most countries around the globe, including India, said a senior executive from Land Rover.
Barely days before it launches the world's cheapest car, Tatas were on Wednesday named the preferred bidder for Ford's British luxury brands -- Jaguar and Land Rover.
Apple Inc's iPhones assembled in India achieved market revenues of Rs 162,000 crore. Tata Steel's revenue for the same period was Rs 162,324 crore.
Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.
Jaguar Land Rover has reached an agreement with Tata Motors to be an exclusive importer of these premium saloon cars and utility vehicles.
British car maker won its law suite against Chinese automaker Geely over using trade mark name "luhu".
Automobile giant Tata Motors' shares were in demand on Wednesday as the stock rallied as much as 3.69 per cent to hit an intraday high of Rs 671.80 per share, before settling 3.18 per cent higher at Rs 668.45. By comparison, the BSE Sensex settled 0.10 per cent, or 72.56 points, lower at 74,029.76.
Sunday Times says top European official in sight. The current chief executive is Geoff Polities, an Australian car industry veteran.
The report quoted unnamed sources at Land Rover as saying, "It is definitely Tata. There is one final meeting and so long as there is no last minute hitches, which are not expected, then an announcement will be made on Friday." The final details would be worked out in the next six weeks, it added. The report also quoted a union official as saying that Mahindra's bid fell flat because of links to a private equity firm as the Indian firm was working with Apollo.
The Street's optimism on India's largest listed automotive maker by market capitalisation is not misplaced, given the robust wholesale performance in recent months and the strong 2023-24 (FY24) October-December (Q3) results.
Tata Motors-owned Jaguar Land Rover has announced plans to shed 200 jobs across its UK operations but claimed that the redundancies were not connected with the economic downturn or slump in car sales.
The Solihull plant employs over 5,000 people and the "extra 275 agency positions are required to start immediately" to boost further the demand for the new vehicle.
The British marque had earlier announced to add 275 new jobs at its production facility at Solihull in West Midlands to meet rising demand after sales improved for several months. Land Rover currently employs 9,500 people and supports a further 40,000 jobs in the supply chain.
Less than a year after acquiring Anglo-Dutch steelmaker Corus, Tata Group appears close to taking over the reins of Ford's British marques - Land Rover and Jaguar, for which it is believed to have submitted a detailed offer of more than $2 billion. The home-grown business conglomerate is understood to be leading the race for the two brands at close of second-round of bidding on Friday, media reports said.
Ford Motor Co on Wednesday said it expects the sale of its two European marques Jaguar and Land Rover, in which India's Tata Motors has evinced interest, to be through either by this year-end or early next year.
While analysts reacted negatively to a drop in the operating margin, JLR has demonstrated a strong global growth.
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 Discovery Sport is a practical package, a spacious cruiser with good off-roading capabilities says Indian automobile website MotorBeam.com.
While declining to comment on the intended takeover bid for JLR by Tata Motors, another group company, Myers said the relationship was close to four years old.
The Tatas are not alone in the race to take over British car makers Land Rover and Jaguar. Apart from the Tatas, three private equity funds and two other trading companies are expected to join the race for the British luxury car makers.
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
The Unite union wants a 12.8 per cent pay rise
It takes 56 hours to make the largely hand-built Defender at the firm's Solihull factory in central England
Prepares map for more flexible, lower breakeven, self-sustaining brands.
The company has expanded its line-up to nine models with several variants, making it the most aggressive luxury auto player in the country.
Some serious cost-cutting has resulted in significantly lower losses at JLR.
Company chief executive David Smith said that he did not expect sales to return to normal levels "for some time." He added, "It is only right and proper that our response to the unavoidable impact of the credit crunch and a severe reduction in demand includes actions across all grades and functions in the company. It is critical that Jaguar Land Rover becomes a more efficient and dynamic organisation to face up to the challenges that we will meet in the years ahead."
Tata Motors-owned Jaguar Land Rover has announced plans to axe 400 more jobs in view of the current global economic downturn.
Tata Motors has acquired Ford's British marquees Jaguar and Land Rover for $2.30 billion in an all cash deal, sealing a deal that it pursued for nine months. Under the deal, Tata would continue to source engine from Ford, which would be paying about $600 million toward the pension liabilities of Jaguar-Land Rover employees.
India's Tata Motors could sign a deal with Ford to buy the US carmaker's Jaguar and Land Rover marques as early as next Wednesday or Thursday, people familiar with the deal said on Tuesday.
Overall, volume growth is likely to be in the range of 3-8 per cent for two-wheelers and 5-7 per cent for passenger vehicles owing to healthy demand from urban and rural areas and pending order books.
A key point to understand is that Ford is selling these brands not because they are in their worst trouble ever, but simply because of Ford's overall crisis - it lost more than $12.6 billion in 2006 - is pushing CEO Alan Mulally to raise money to fulfill his declared ambition to restore the mass-market Ford business to health.
UK-based JLR posted 16 per cent growth in retail sales in the past year, highest in the luxury car segment globally, on the back of launches, output ramp-up and better reach in world markets.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
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