The car was presented after a short introduction and description of the car, which was enough to quell the curiosity and anticipation we had at the beginning.
Among its most prominent upgrades is the addition of independent suspension on all four wheels.
Along with receiving a facelift, its interiors have been redone as well.
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.
JLR's US sales in August grew by 46 percent to 9,329 vehicles compared with year-ago period, driven largely by Jaguar's recently launched F-PACE and XE.
Tata Motors shares gained 2 percent on account of better-than-expected consolidated revenue growth & standalone operational performance, and improvement in JLR business.
Tata Motors-owned Jaguar Land Rover today reported 22 percent jump in global retail sales to a record 2,91,556 units in the first half this year riding on robust demand in Europe and the UK.
After JLR's May sales data, Macquarie, which has target of Rs 535 on the stock, says Tata Motors is its top pick in the India auto sector and is a Macquarie Marquee stock while JP Morgan has price target of Rs 485, which says Tata Motors' India business is benefitting from an improving macro environment.
Deutsche Bank believes that the impact on margins (down 290 basis points by FY18) and free cash flow will be stronger than earlier anticipated. Hence it cut earnings per share forecasts by 17-23 percent and target price by 21 percent to Rs 375.
For luxury car maker small is the new big. So, whether it is Audi, BMW even Mercedes manufacturers are focussing on smaller and more affordable products to attract new audiences to their brands. It is now the turn of the new Jaguar, the leaping cat is going in for the XE, it‘s smallest sedan ever. Let us take a look.
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