DriveInside.com | Sunday August 22, 2010
UK-based auto company, Jaguar & Land Rover (JLR), is planning to assemble the Freelander2 at Tata Motors’ Chikhli facility in Maharashtra from November 2010. The plant, which has a production capacity of 3,500 units per shift, was earlier being used by Mercedes-Benz. A JLR spokesperson told reporters that the company did intend to assemble Land Read More...
DriveInside.com | Monday July 12, 2010
Tata Motors and its UK-based subsidiary, Jaguar & Land Rover, have decided to synergise operations by jointly developing engines, vehicles and platforms. Tata Motors said that the joint operations would ‘yield substantial savings’ for both parties.
The company’s non-executive chairman, Mr Ravi Kant, has played a major role in initiating the Read More...
DriveInside.com | Monday June 28, 2010
Tata Motors and its British subsidiary, Jaguar & Land Rover, are working together on developing a new car for emerging markets. The two companies are trying to combine their core competencies – low-cost manufacturing and product innovation – to develop the car. The car is still at the concept stage of development. According to media reports, while Read More...
DriveInside.com | Wednesday June 23, 2010
UK-based luxury car maker, Jaguar & Land Rover (JLR), is planning to expand its dealership network in India to a total of six showrooms by 2011. The Tata Motors-owned company currently has three dealerships in India – in New Delhi and Mumbai – and will open four more in Hyderabad, Bangalore, Chennai and Ludhiana within an year.
In 2009-10, JLR Read More...
DriveInside.com | Thursday June 17, 2010
Tata Motors-owned luxury car company, Jaguar & Land Rover (JLR), has begun deliveries of the Jaguar XJ in India. The car comes at a starting price of Rs 85.05 lakh (ex-showroom, Mumbai) for the Portfolio variant, powered by a naturally aspirated 5-litre V8 engine. Other engine choices include the 3-litre V6 diesel engine and the 5-litre Read More...
DriveInside.com | Thursday May 13, 2010
Tata Motors-owned British marquee brands, Jaguar and Land Rover, posted a 12 percent increase in sales in April 2010, on the back of new model launches and the overall increase in auto sales around the world. A JLR spokesperson said that demand for the company’s luxury vehicles came mainly from the US, UK and also China, where sales doubled Read More...
DriveInside.com | Monday April 19, 2010
Tata Motors-owned British carmaker Jaguar Land Rover is reviewing its plan to close one of its factories in the United Kingdom. According to media reports, the luxury car company, which had earlier said it would shut down a plant as a cost-cutting measure, may now retain all its plants due to a significant increase in sales and a change in Read More...
DriveInside.com | Monday March 22, 2010
Tata Motors-owned luxury car maker, Jaguar-Land Rover (JLR), will be setting up an office in Pune next month to source components from Indian vendors. The move is a part of the company’s larger plan to cut costs and increase profits. The initial focus of the Pune office, to be operational from April 1, 2010, will be on acquiring components for Read More...
DriveInside.com | Sunday March 14, 2010
Tata Motors-owned British marquee brands – Jaguar and Land Rover – will be cutting production costs by a substantial percentage over the next 12 months, by sourcing over 30 percent of their vehicle components from low-cost countries including India and China. Tata Motors CFO, Mr C Ramakrishnan, said that about an year-and-a-half ago, JLR was Read More...
DriveInside.com | Wednesday January 27, 2010
Mr. David Smith, Chief Executive Officer (CEO) of Tata Motors-owned Jaguar and Land Rover, stepped down this week, possibly because of disagreements with the parent company over strategy. While a number of media reports link Smith’s exit to the failed negotiations regarding workers’ salaries recently, a JLR spokesperson denied any connection Read More...
DriveInside.com | Saturday December 12, 2009
Tata Motors-owned British car brands Jaguar and Land Rover are expected to reach operating profit levels within an year. The company’s Chief Financial Officer, Mr C Ramakrishnan, said that a whole new set of initiatives was being launched to bring down its break-even point to 60-65 per cent. JLR’s long term strategy includes measures to bring down Read More...
DriveInside.com | Tuesday December 1, 2009
Tata Motors Chairman Mr Ratan Tata said in an interview to a South Korean newspaper this week that the company was planning to produce a hybrid version of the Tata Nano. Mr Tata said that he expected low-priced cars to remain more popular than high-end vehicles in India, and that the trend would be followed worldwide. He did not give details of Read More...
DriveInside.com | Tuesday November 17, 2009
Tata Motors-owned Jaguar Land Rover (JLR) will be receiving a working-capital facility worth 170 million pounds from GE Capital for a five-year term. GE Capital said in a statement this week that the deal would help reduce the time gap between production and distribution of cars. It added that the agreement with JLR was further evidence of its Read More...
DriveInside.com | Monday November 9, 2009
The head of GM’s European operations, Carl-Peter Forster, who quit last week after GM decided not to sell Opel to Magna International, may soon take charge of Jaguar-Land Rover (JLR). According to media reports, Forster was given the offer earlier this year and is likely to take over JLR’s British operations within the next few months.
55-year Read More...
DriveInside.com | Thursday October 8, 2009
UK-based luxury car manufacturer Jaguar-Land Rover (JLR), now owned by Tata Motors, has secured a $277.7 million (175 million pounds) loan from the State Bank of India. JLR’s Chief Financial Officer, Kenneth Gregor, said that the company was happy that its banking partners were showing confidence in its business capabilities and that its funding Read More...
DriveInside.com | Thursday October 1, 2009
The Global Automotive Leader at Ernst & Young, Mr Mike Hanley, said during a recent visit to India that this is the perfect time for Indian auto companies to enter the US. He said that the expansion can take place in two ways. The first is to acquire US based companies, and the second to enter the US market organically. The market for small, Read More...
DriveInside.com | Sunday September 27, 2009
Tata Motors-owned Jaguar-Land Rover (JLR) has announced that it will shut down one of its West Midlands plants in the UK. The decision is a part of the ailing luxury brands’ strategy to become profitable again. JLR also plans to develop more products and infuse more funds to give a boost to its sales. A total of 800 million pounds will be invested Read More...
DriveInside.com | Wednesday September 23, 2009
Tata Motors launched Land Rover’s Freelander 2 in India this week. The Freelander, available in three variants – S, SE and HSE, is priced between Rs 33.80 lakh and Rs 45 lakh.
Mr. Rohit Suri, the head of Tata Motors’ premium car division, said that the company would also launch new versions of the other three Land Rover models currently Read More...
DriveInside.com | Tuesday September 1, 2009
Car company Tata Motors has suffered a loss of Rs 329 crore in the first quarter of the financial year 2009-10. In the corresponding period last year, the company earned a profit of Rs 720 crore. However, the two periods cannot be compared fairly because during Q1 2008-2009, British brands Jaguar and Land Rover (JLR) were not part of Tata Motors. Read More...
DriveInside.com | Wednesday August 26, 2009
Tata Motors' Chairman, Mr Ratan Tata, said at the company's annual general meeting this week that the Tata Nano would soon be available with higher capacity engine options. He said that Tata Motors was in the process of developing upgraded engines for the Nano, to be sold in both domestic and foreign markets. The Nano was originally developed with Read More...
DriveInside.com | Wednesday August 12, 2009
Tata Motors has informed the UK government that it no longer needs government guarantees for short-term and long-term loans for Jaguar and Land Rover (JLR). The statement came soon after the company secured a 75 million pound loan from Burdale Financial. The Tatas are very close to finalising their short term loans through commercial banks, and Read More...
DriveInside.com | Tuesday August 11, 2009
Tata Motors has succeeded in securing a 75 million pound loan from Burdale Financial, a member of the Bank of Ireland Group, for its ailing British brands Jaguar and Land Rover (JLR). The three year loan has been secured against stock inventories and receivables of Land Rover in the UK and the US. The much needed help for JLR comes as it battles Read More...
DriveInside.com | Sunday August 2, 2009
Tata Motors-owned car brands Jaguar and Land Rover (JLR) will be launching several new models in the coming years, to drive sales. The new models will also include hybrid cars, and will all come with aluminium bodies to cut down on carbon emissions. Tata Motors Chairman, Mr Ratan Tata, said that a number of new models are already at the Read More...
DriveInside.com | Wednesday July 29, 2009
Tata Motors has hired KPMG and Roland Berger Strategy Consultants, both Munich based specialists, to advise it on cutting costs and managing cash flow at Jaguar and Land Rover (JLR). Last year, JLR reported a net loss of 673 million dollars in the UK. Ever since it acquired the brands in early 2008, Tata Motors has spent more than one billion Read More...
DriveInside.com | Saturday July 25, 2009
Luxury car brands Jaguar and Land Rover, launched in India on the 28th of June 2009, have already established a sizeable market in the country. A total of 27 models of the two companies have been sold in as many days, Land Rover accounting for 15 of these. There are only 2 outlets where JLR vehicles are currently available – the Tata Motors Read More...