Tata Motors and JLR’s bet on reviving the original spirit of Land Rover with the Defender brand seems to be paying off, with the first model already notching up enough orders to keep the production lines busy for the rest of the year. Adrian Mardell, Chief Financial Officer of Jaguar Land Rover, called the launch […]
Tata Motors’ UK unit Jaguar Land Rover reported a 5.5% decline in its October retail volumes, largely in line with the performance seen in recent months. However, the dip indicated a reversal from September, when it had posted largely flattish numbers and strong sales of 56,832 units. In October, the company has been able to […]
Tata Motors, the biggest home-grown automaker, reported a loss of Rs 3,698 cr loss as UK subsidiary Jaguar Land Rover continued to bleed. The company had posted a loss of Rs 1,902 cr in the same quarter last year, and had reported a profit of Rs 1,117 cr in the preceding quarter (Jan-Mar). The biggest […]
Jaguar Land Rover, the UK subsidiary of Tata Motors, reported a decline of 12.2% in retail sales in May due to ‘lower sales in China, overseas market and Europe’. It sold 42,370 units in May 2019, down 5,911 units from the same month last year. This compares to a decline of 13.3% posted in April […]
Jaguar Land Rover, the UK subsidiary of Tata Motors, reported a decline of 13.3% in retail sales in April due to ‘lower sales in China, overseas markets and Europe’. It sold 39,185 units in April 2019, down 5,995 units from the same month last year. This compares to a decline of 8.2% posted in March […]
Global wholesales of Tata Motors Group, including Jaguar Land Rover, declined 5% in March this year. The group sold 1.45 lakh vehicles during the month. Last week, Tata Motors had announced that its domestic retail sales had dropped by 1%, or 700 units, to 68,709 owing to ‘weaker consumer sentiments’. In the wholesale numbers, commercial […]
Tata Motors UK unit Jaguar Land Rover expressed disappointment over the move by credit rating agency S&P to downgrade its debt rating, and promised better results for the ongoing quarter. “The company is disappointed by S&P’s decision to downgrade Jaguar Land Rover now. “The company reaffirms that it expects improved financial results in the fourth […]
The global wholesales of Tata Motors Group, including Jaguar Land Rover, declined 9% in February this year. The group sold 1,10,262 units of vehicles last month, Tata Motors said in a statement. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in February this year were at 84, 512 numbers, lower by […]
CARE Ratings has cut the rating on Rs 11,400 cr of bank and debenture financing availed by Tata Motors due to poor financial performance and high product development costs at the company’s UK subsidiary. It cut the rating on Tata Motors’ long-term bank facilities and non-convertible debentures to AA from AA+. CARE said the cut […]
The Tata Motors said global wholesales for the group for the month of November 2018, including Jaguar Land Rover, fell 7% on year to 104,964. Within this, commercial vehicle numbers fell by 6% and passenger vehicle numbers by 7%. Total CV wholesales, including Tata Daewoo, were at 38,535 nos. Passenger vehicles sales were at 66,429, […]
Jaguar Land Rover reported an 8% decline in its November retail sales, reflecting what the premium auto-maker called “continuing challenging market conditions in China”. Sales in China were down 50.7% as “market conditions remain difficult with continuing consumer uncertainty following tariff changes and trade concerns.” The company said it was “focused on taking all the […]
Fitch Ratings has revised Jaguar Land Rover Automotive plc’s outlook to ‘negative’ from ‘stable’, indicating a higher risk of a downgrade in its credit rating in the future. The move comes in the wake of higher investments by the company into research and development and rising depreciation of past investments, resulting in more cash burn […]
Jaguar Land Rover today reported total retail sales of 36,629 vehicles in August 2018, down 4.9% year on year, hit by a 38% fall in sales in China due to ongoing tariff war between the US and China. However, Chinese retail sales showed a slight improvement compared to last month, when they had fallen 47% […]
Jaguar Land Rover today reported total retail sales of 36,144 vehicles in July 2018, down 21.6% year on year, primarily, it said, reflecting “transitional issues” in certain markets. Retails for July were down in China (46.9%), reflecting continued market volatility in the first month of the duty change as well as trade tensions. Sales were […]
UK’s largest automaker and a unit of Tata Motors, Jaguar Land Rover, reported a 7.8% dip in its March retail sales due to weakness in its home market. Much of the damage came from Jaguar sales, which were down 12.7% at 24,300, while Land Rover sales declined by 5.7% to 59,432. “UK industry sales were […]
Jaguar Land Rover reported a 2.6% decline in retail sales to 39,911 in February compared to last year. However, the decline was not very surprising, given that last year, the company had seen the highest ever February sales in its history. This year’s number is the second highest February sales ever, it said. Sales at its […]
The Tata Motors Group global wholesales in December 2017, including Jaguar Land Rover, rose 23% to 1.17 lakh. In November, it had risen 22% to 1.12 lakh and and by 2.7% to 1.04 lakh in October. Wholesales of commercial vehicles rose 53% in December to 47,182, compared to 51% in November to 40,845. In October, […]
The Tata Motors Group global wholesales in November 2017, including Jaguar Land Rover, rose 22% to 1.12 lakh. In October, it had risen 2.7% to 1.04 lakh and by 14% in September to 1,16,419. Wholesales of commercial vehicles rose 51% to 40,845. In October, it had risen 1.3% to 37,400. Wholesales of passenger vehicles rose […]
Jaguar Land Rover said its retail sales in November rose 10% on year to 52,332 vehicles, driven primarily by the introduction of the new Land Rover Discovery and the Range Rover Velar. Out of these, Jaguar sales were 13,688 vehicles, down 6.3% compared to the same month last year. Land Rover retailed 38,644 vehicles in […]
The Tata Motors said group global wholesales in October 2017, including Jaguar Land Rover, rose 2.7% to 1.04 lakh in October. In September, group global wholesale had risen 14% to 1,16,419. Wholesales of commercial vehicles, including Tata Daewoo, rose 1.3% to 37,400. Wholesales of passenger vehicles rose faster at 3.5% to 66,361, compared to 10% […]
