Ratan Tata, the former chairman of Tata Sons and an iconic figure in Indian industry, was accorded a state funeral by the government of Maharashtra following his death on Wednesday at the age of 86. The state observed a day of mourning on October 10, 2024, to pay respects to the industrialist whose influence extended […]
Swiss investment bank UBS has doubled down on its pessimistic view of Tata Motors Limited, reiterating a ‘Sell’ rating on the company’s stock due to what it perceives as significant overvaluation and looming risks associated with its luxury vehicle division, Jaguar Land Rover (JLR). UBS set a price target of INR 825.00, suggesting that the […]
Jaguar Land Rover (UK), a subsidiary of Tata Motors Limited, has reported a positive start to the fiscal year 2025, with an increase in sales volumes during the first quarter ending 30 June 2024. The renowned automotive company noted a 5% rise in wholesale volumes, totaling 97,755 units (excluding the Chery Jaguar Land Rover China […]
Jaguar Land Rover (UK), a renowned subsidiary of Tata Motors Limited, has announced a remarkable year-on-year sales increase of over 20%, a testament to the brand’s enhanced production capabilities and consistent global demand. This sales surge highlights a significant rebound in the automotive industry, underscoring Jaguar Land Rover’s resilience and strategic market positioning. In the […]
Jaguar Land Rover (JLR), the renowned British automotive manufacturer and subsidiary of Tata Motors, has entered into a strategic partnership with Tata Communications, a global communications technology (commtech) leader. This collaboration is set to revolutionize JLR’s digital transformation and set new benchmarks, including Industry 4.0 and advanced analytics, aligning with its ambitious Reimagine strategy. Revolutionizing […]
Tata Passenger Electric Mobility Ltd (TPEM), a fully-owned subsidiary of Tata Motors Limited (TML), has signed a Memorandum of Understanding (MoU) with Jaguar Land Rover Plc (JLR) for access to JLR’s Electrified Modular Architecture (EMA) platform. This strategic collaboration involves a licensing deal that will propel TPEM’s development of their premium ‘Avinya’ pure electric vehicles […]
Tata Motors Limited (TML) has released its Q2 FY24 financial results, showcasing a robust increase in revenue to ₹105.1K Cr, marking a 32.1% year-over-year growth. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) saw an 86.4% increase to ₹14.4K Cr, with profit before tax (bei) surging by ₹7.9K Cr to ₹6.1K Cr. The […]
Tata Motors Group, a global automotive powerhouse, has unveiled impressive sales figures for Q2 FY24. The company’s global wholesales, which prominently include Jaguar Land Rover, reached a remarkable 3,42,376 units, marking a 7% growth when juxtaposed with the numbers from Q2 FY23. A Deep Dive into the Wholesales: Commercial Vehicles Lead the Way Highlighting the […]
Jaguar Land Rover (UK), a subsidiary of Tata Motors Limited, has announced impressive sales growth for the second quarter of FY24, covering the three-month period ending on September 30, 2023. This performance reflects a continuous enhancement in supply chain efficiency, enabling JLR to fulfill increasing client demand. Wholesale volumes for the period reached a remarkable […]
In a significant business move, luxury vehicle manufacturer Jaguar Land Rover (JLR) is bolstering its long-standing partnership with Tata Consultancy Services (TCS) to fast-track its digital transformation. The expanded partnership aims to revamp, simplify, and effectively manage Jaguar Land Rover’s digital and IT infrastructure, aligning it with the company’s broader strategic transformation. The deal, worth […]