Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of Rs 17,528 crore in the three months ended … Read more
Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a stock exchange filing. The company is ‘cautiously optimistic’ on domestic demand over the full year, but expects the first half of the financial year to … Read more
Tata Motors is planning to manufacture Jaguar Land Rover (JLR) luxury cars at a $1 billion plant that it is planning to build in the southern state of Tamil Nadu, two sources with direct knowledge of the plans said. Tata Motors announced plans to invest in a new plant in Tamil Nadu in March but … 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
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
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
Curated By: Shahrukh Shah Last Updated: December 13, 2023, 14:34 IST Upcoming Electric Range Rover. (Photo: JLR) It has been revealed that the Electric Range will have an 800-volt electric architecture, which will allow it to have rapid charging. The luxury car maker Jaguar Land Rover (JLR) has dropped the first teaser of its upcoming … Read more
