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Luxury vehicles: Jaguar Land Rover India sales increasing and new launch awaited
Tata Motors took over Jaguar Land Rover from Ford in 2008. The company has a number of launches and has seen excellent results in India during the past two years. They are also aiming to double their sales during the current year, and have even made price adjustments to make this possible.
Jaguar Land Rover's Freelander 2 is priced at least Rs. 8 lakhs less than others vehicles in its category...
TATA Motors JLR global wholesales for August 2011
The TATA Motors Group along with Jaguar Land Rover recorded an astounding 87,459 sales in August 2011 which marked a 3% increase over August 2010 with the fiscal sales at 438,070 again by 3%. Tata, Tata Daewoo and Tata Hispano Carrocera attained a global sale of 48,023 units, a growth of 17% in August 2011 with cumulative sales for the fiscal being 224,471 numbers, again a 17% growth.
The remaining...
Ratan Tata speaks about JLR, Freelander, Tata Motors, Tata Nano, and Indian car market
With the focus being on emerging markets in respect to driving growth, growth rates for the financial year 2012 would be lower resulting from high inflationary pressures. Ratan Tata, Chairman of Tata Sons and Tata Group had this to say in reference to high inflationary pressures. "The resulting high interest rates, tighter credit regimes and higher fuel costs will dampen consumer demand for a range...
JLR Range Rover Evoque production starts in UK
Earlier today, Tata Motors owned British car manufacturer, Jaguar Land Rover stated that they have initiated the production of Range Rover Evoque at their facility in Halewood, UK. A statement released by JLR stated, "The new Range Rover Evoque passed an important milestone today when the first production vehicle was driven off the line at Land Rover's Halewood manufacturing plant in Liverpool."
After...
Jaguar Land Rover and not Mercedes Benz to be the main rival of BMW in the Indian luxury segment
Indian auto industry is growing in every segment, be it commercial or passenger. One of the highest growing segment in Indian auto industry is the luxury car industry which comprises of manufacturers like BMW, Mercedes Benz, Audi, Volvo, Jaguar, Land Rover, Rolls Royce, and Bentley.
Mercedes Benz ruled the segment for a long time in India but was overthrown from its top spot by compatriot manufacturer...
Tata Motors planning to raise $500 million overseas
On the condition of anonymity, two highly placed Tata Motors officials have revealed that their company is planning to raise upto $500 million from the overseas market in the coming months. These Tata Officials in question here, told Reuters about this information.
Tata Motors is currently in talks with foreign banks and investors in order to raise capital for future investments. The owner of Jaguar...
Work ethics of JLR Management questioned by Ratan Tata
Ratan Tata was recently in the UK to attend a meeting with managers of Jaguar Land Rover and was unhappy to see that employees do not take their work seriously and leave the work place even before their bosses. This drew ire from Tata's head honcho Ratan Tata who flew all the way from Mumbai to the UK for this meeting and was not used to this kind of working culture.
Unlike Indian work culture, the...
Jaguar Land Rover profits by £1.1 billion in FY 2011
Economic Times reported earlier today that Tata Motors owned British car making brand, JLR has registered profits of £1.1 billion in the 2011 financial year. Tata Motors JLR will officially declare about their profits later this week.
Bought from Ford Motors in 2008 for a record $2.3 billion, Tata Motors has completely changed brand JLR within 2 years of management. JLR is expected to announce profits...
Jaguar Land Rover assembly plant in China possibility
British luxury carmaker Jaguar Land Rover (JLR) is certainly looking forward to new associations and looking into the fastest growing luxury car market, China which has also established a name for being the world's biggest automobile market. The latest talk revolves around JL R talking with probable Chinese partners in regards to setting up an assembly plant in China.
Certainly the very early stages...
JLR to get listed on London Stock Exchange: Tata Motors
Tata Motors' prized possession, JLR is all set to be listed on the London Stock Exchange (LSE) from FY 2012, according to recent reports. On the condition of anonymity, 3 senior officials from Tata Motors have confirmed these reports!
According to the trio, Tata Motors is currently in talks with major banks in order to successfully list JLR on the LSE. The trio even said that SBI Caps, HSBC, JP Morgan...






















