The new Evoque has been built on Land Rover’s new mixed-metal Premium Transverse Architecture which gives it 21mm longer wheelbase.
Tata Motors-owned Jaguar Land Rover (JLR) today reported its best-ever annual retail sales of 6,04,009 units in the financial year ended March 31, 2017, up 16 per cent from the year-ago period.
India will get fresh investments and added product lines from Tata Motors-owned British brands Jaguar Land Rover even as the company has not lined up big-ticket investments for elsewhere across the globe.
Tata Motors owned Jaguar Land Rover today announced the launch of new Range Rover Evoque, 2017 range priced between Rs 49.10 lakh and Rs 67.9 lakh (ex-showroom, Delhi).
The Evoque range has been setting benchmarks in the industry since its launch and with the introduction of the 2016 model, we are confident of its continued success, JLR India president Rohit Suri said.
The demand slowdown in China and continuing capital expenditure at Jaguar Land Rover Automotive (JLR) will result in negative free operating cash flows and weaker financial ratios for Tata Motors in fiscal 2016 than we previously expected, says Standard & Poor's
Hitesh Goel, senior analyst at Kotak Institutional Equities, gives his views on auto majors such as Tata Motors, Maruti and Ashok Leyland.
HSBC has slashed target price by 15 percent to Rs 490 per share stating that luxury demand weakening and may not recover in near term. It has reduced earnings per share (EPS) estimates 17 percent.
Tata Motors' JLR volumes rose 16 percent year-on-year (YoY) in March 2015, according to data released by the company.
Nomura is not much concerned about the disappointment as underlying demand for the company‘s products remains strong. The brokerage reiterates a buy rating. Nomura states that low sales volume may be possibly be due to lower despatches to China for the Evoque model to clear inventory.
Tata Motors-owned Land Rover has fitted faulty gearboxes in its popular SUV brand Evoque vehicles in China, state media here has alleged.
Chinese market contributes 40 percent to JLR (the UK subsidiary of Tata Motors) sales. JLR had reported strong 17 percent volume growth over past 6 months in China.
Its EBITDA is seen growing 22 percent at Rs 10530 crore while operating profit margin (OPM) may have grown 17.2 percent versus 15.2 percent Y-o-Y.
Contrary to rumors, the petrol variant is still being sold and is priced at Rs 95.52 lakh, ex-Delhi
Shares in Tata Motors rose over 1 percent in early trade after its British subsidiary Jaguar-Land Rover said it sold 425,000 vehicles in 2013, up 19 percent from last year and the best ever performance in its history. The performance met with accolades from British Prime Minister David Cameroon who termed it “great news for Britain and for jobsâ€.
The car-to-truck maker reported a 71 percent increase in consolidated net profits for the three-month period to Rs 3,542 crore thereby beating CNBC-TV18‘s analyst poll that had projected bottomline to grow 49 percent to Rs 3,100 crore.
The flagship SUV, the Range Rover, is nearly Rs 2 crore, making it the most expensive SUV in the world. The Sport is going to sit close to where the older Range Rover was priced. But, is it less competent than the Range Rover?
Move aimed at emulating the success of lower cost luxury vehicles made by its sister company Land Rover. The new cars will include a compact saloon and crossover SUV - currently the fastest-growing models in terms of global sales
Tata Motors stock accelerated more than 4 percent on Thursday morning, powered by record global sales at its British luxury Jaguar Land Rover unit.
Tata Motors owned Jaguar Land Rover's global sales in March rose 16 percent year-on-year at 53,772 units, its best ever monthly sales performance, helped by strong response for its new launches like Range Rover and Jaguar XF Sportbrake, and continued demand for the Evoque.
Tata Motors slipped over 1 percent on Wednesday morning after its Jaguar Land Rover unit reported subdued growth in February sales.
CNBC-TV18's Ronojoy Banerjee reports, quoting sources, that Tata Motors-owned Jaguar Land Rover (JLR) has now started work on developing what would be the smallest sport utility vehicle (SUV) from the company till date. The proposed model is being developed in the UK.
Premium automaker Jaguar Land Rover said UK vehicle sales rose 19.7 percent in 2012 and new launches meant its outlook for 2013 was "positive".
Kotak Institutional Equities analyst Hitesh Goel explains to CNBC-TV18 that Tata Motors is on the top of his investment picks for the year thanks to the boost in JLR‘s Evoque and Freelander models which was caused by management initiatives that included the addition of a third shift at the company‘s Halewood plant.
Tata Motors shares rose around 3 percent on Thursday morning as investors cheered the strong growth at its British luxury Jaguar Land Rover unit in November.