Jaguar Land Rover (JLR), owned by Tata Motors, reported that its FY24 retail sales saw a 81 per cent surge in retail sales in India, reaching 4,436 units. This growth, the company says, is one of its strongest performances since its entry into the Indian market in 2009, marking its highest in the past five … Read more
JLR’s full year sales rose by over 20 per cent year-on-year, the company said in a statement on April 8. The rise in sales numbers reflects improved production and sustained demand, the company said. Wholesale volumes at 110,190 units in the fourth quarter (excluding the Chery Jaguar LandRover China JV) were up 16% over the … Read more
Elon Musk’s recent cryptic comments on the next Tesla Roadster, with ‘space-inspired attributes’, and an incredibly high speed of 0-60 mph (0-97 kmph) in less than a second has ignited speculation within the automotive industry globally. What specific features could embody these premium attributes in an electric car, and how might they influence India’s burgeoning … Read more
Under Chairman N Chandrasekaran, Tata Sons has been planning consolidation by halving the number of listed companies to nearly 15 from 29 to focus on investing in fewer but bigger entities that can ably compete in the marketplace. He had told ET in an interview in 2017 that he also wanted to bring down the … Read more
With company ramping up production of Range Rover and Defender, the volume for full fiscal is expected to rise 24% to 400,000 units and another 6-7% next fiscal. Synopsis The operating profit of the JLR surged 5.12 percentage points on a YoY basis to 8.8% in December quarter, taking the nine-month margin to 8.2%, driven … Read more
Luxury automaker Jaguar Land Rover on Thursday reported record sales at 3,582 units for nine months ended December 31, 2023. The company said its sales rose 93 per cent year-on-year as compared to the April-December period of the last fiscal. Range Rover and Defender continue to lead with a year-on-year (YoY) rise of 250 per … Read more
Jaguar Land Rover (JLR) on Tuesday announced the strengthening of its partnership with Tata Communications for future-proof digital transformation at the British automobile manufacturer’s sites spread across the globe. The latest partnership will power the production of JLR’s next-generation vehicles, a key part of its re-imagine strategy, and provide the connectivity foundation for the next … Read more
