13.19 0.00 (0.00%)
After hours: 4:58PM EDT
|Bid||13.19 x 4000|
|Ask||13.28 x 4000|
|Day's Range||13.12 - 13.31|
|52 Week Range||10.29 - 27.87|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||6.82|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.00|
Shares in India's Tata Motors rose nearly 4 per cent on Friday on reports that it's exploring options for its ailing luxury car unit Jaguar Land Rover, including a possible minority stake sale. As David Pollard reports, Tata said there was 'no truth to the rumours' of a divestment.
At stoplights, street corners, and parking lots, the 2019 Jaguar XE SV Project 8's swollen bodywork and park bench-sized tail attract the fanboys like iron to a magnet. If you're not up to speed, the Project 8 is Jaguar's surprise salvo into sedan madness. Think Aston Martin V12 Vantage, AC Cobra 427, et al. Aiding downforce is a wing that delivers 269 pounds of downforce at 186 mph, so much that Jaguar had to reinforce the trunklid to prevent it from denting at high speeds.
Jaguar Land Rover is recalling 44,000 vehicles in the U.K. due to some of its vehicles emitting higher CO2 emissions than were officially stated. The recall is said to affect vehicles equipped with JLR's 2.0-liter diesel engine in cars built between 2014 and 2018. Quite a few models are affected, including the Jaguar XE, XF, E-Pace, F-Pace, along with the Land Rover Discovery Sport, Range Rover Evoque, Range Rover Velar and Range Rover Sport.
Update: A Jaguar spokesperson reached out to put the brakes on the XF wagon's demise, writing, "Jaguar Land Rover North America President and CEO Joe Eberhardt, did not discuss the status of the current Jaguar XF Sportbrake, which is currently in the Jaguar lineup - making up 20 percent of XF sales. The current Jaguar XF Sportbrake remains in the lineup and is available at retailers and for ordering, including for the upcoming 2020 Model Year which should be announced soon. The Jaguar XF Sportbrake only just got here, hauling its first load of mettwurst and Coca-Cola to a junior varsity soccer tailgate party in 2017.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Tata Motors Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The I-Pace has a striking design both inside and out and packs all of the charm you expect from a Jaguar product. The I-Pace has an EPA-rated 234 miles of range, and power from the battery is sent to all four wheels thanks to a pair of electric motors. All in, this Jaguar will set you back $89,638 before any incentives or tax credits.
(Reuters) - Indian shares fell on Friday, snapping four straight sessions of gains, as recent global data and forecasts deepened concerns about the world economy. The benchmark BSE Sensex settled 0.15 ...
In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore welcomes the newest Autoblog staffers, West Coast Editor James Riswick and Assistant Editor Zac Palmer. First, the trio talk about the cars they've been driving: the 2019 Jaguar I-Pace and the 2019 Lexus LX 570.
U.K.-based Jaguar Land Rover Automotive Plc is burning cash on electric-vehicle technology just as the double whammy of a Chinese auto slowdown and Brexit threatens margins and sales. At average cash burn rates of 670 million pounds ($882 million) a quarter, the British carmaker may struggle to make it through another year, my colleague Anjani Trivedi wrote last month after it took an asset impairment charge of 3.1 billion pounds. Had holding company Tata Sons Ltd. been a publicly traded firm, it could have raised equity relatively easily to help tide JLR over.
European Union regulators are studying how the car repairs market works following demands from customers for more competition, but have not opened a case, the bloc's antitrust chief said on Monday. The study will look at carmakers including Renault, Jaguar Land Rover, Peugeot and software vendor Accenture, European Competition Commissioner Margrethe Vestager told reporters. "It is not an investigation, it is not a case but it is sort of part of our market supervision also in this area.
The French maker of Peugeot, Citroen and Opel cars is seeking a deal that will expand its footprint outside of Europe, according to people familiar with the matter. Tavares has met with advisers to consider potential collaborations or mergers, said the people, who asked not to be identified because the matter is private. Fiat Chrysler Automobiles NV is attractive to PSA for its exposure to the U.S. and its premium Jeep brand, but Tavares also sees General Motors Co. as a good fit and Jaguar Land Rover as a possibility, the people said, while cautioning that such deals would be difficult to reach.
At what point does a personal automotive collection become a museum exhibit that's just not in a museum? Dr. Christian Jenny blurs the line between the two with his unreal lot of classic Jaguars that includes not only the first E-Type ever seen in public, but also the "Lost C-Type" and what is considered to be Jaguar's first sports car, the 1935 S.S. 90 Prototype. Switzerland-based collector Jenny is selling 12 cars individually through classic car broker Pendine Historic Cars Limited.
GENEVA (AP) — The electric Jaguar I-Pace won the Car of the Year award in Europe on Monday, the first time the storied British brand has been bestowed the prize just as Brexit looms over the continent's auto industry.
A report in Car magazine puts more meat on rumors about the next-generation Jaguar XJ. The report says the XJ could be the first to move to Jaguar Land Rover's new Modular Longitudinal Architecture (MLA) suitable for ICE, hybrid and battery-electric vehicles. The XJ could inherit I-Pace powertrain internals, with a couple of twists.
For a while, Tata seemed to have found the answer. Within a couple of years of the acquisition, Jaguar Land Rover Automotive Plc was making money. Its Range Rover Evoque, a compact SUV with a distinctive crunched rear roof, was a runaway hit -- so much so that the former Spice Girl Victoria Beckham got involved in a special edition.
Luxury carmaker Jaguar Land Rover, part of Tata Motors Ltd, is preparing to announce hundreds of millions of pounds worth of investment in Britain, the BBC reported on Friday. The reported investment would ...
Two media reports said the company was considering options including a minority stake sale in the JLR unit or finding a venture partner that would jointly develop vehicles and lower costs. The reports of a potential stake sale drove Tata Motors shares up as much as 3.7 percent to 184 rupees. "There is no truth to the rumours that Tata Motors is looking to divest its stake in JLR," a Tata Motors spokesperson told Reuters.
Tata Group is exploring strategic options for its Jaguar Land Rover Automotive Plc unit including a potential stake sale in the struggling luxury carmaker, people familiar with the matter said. Just over a decade after purchasing the Jaguar and Land Rover brands, the business has turned from crown jewel to burden, culminating in the biggest corporate loss in Indian history just last month when Tata drastically slashed the value of the asset. Jaguar Land Rover has been hit hard by slumping sales in China, the shift away from combustion and diesel engines, and the brand’s strong historic links to the U.K., where concern over a disruptive Brexit has weighed on demand and prompted some brands to move production.
The Tata Group is exploring options for its iconic Jaguar Land Rover Automotive Plc unit including a stake sale or finding a venture partner to jointly develop cars and lower costs, P R Sanjai, Ruth David, Tommaso Ebhardt and David Welch of Bloomberg News wrote Friday, citing people familiar with the matter. At the rate Jaguar Land Rover was bleeding cash and eroding equity value, as I’ve written, Mumbai-listed Tata Motors Ltd. had few options but to look outside the company for a solution. The numbers are dismal: Free cash flow is in the red, debt and associated costs continue to climb, and yet the company couldn’t hold back on its hubris, continuing to spend relentlessly on future projects such as electric cars and batteries. It took a 3.1 billion pound ($4.1 billion) impairment charge last quarter, which signified more than just a non-cash loss.