|Bid||13.12 x 1800|
|Ask||0.00 x 28000|
|Day's Range||12.93 - 13.14|
|52 Week Range||7.38 - 17.14|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||6.78|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 12, 2016|
|1y Target Est||13.50|
British carmaker Jaguar Land Rover (JLR) said on Wednesday it will cut around 10% of the workforce at its northern English Halewood factory as it changes shift patterns to boost efficiency at the site. The plant produces the Range Rover Evoque and Land Rover Discovery Sport vehicles but the Unite Union warned that the challenges facing the company are also being experienced at other British car factories. JLR posted a 6% decline in 2019 sales, hit by the weakening Chinese auto market and falling demand for diesel vehicles in Europe.
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. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Of course Jaguar Land Rover is using a Range Rover to yank around an electrified Jaguar sedan mule. At least, we think the car sitting on the trailer is a test mule for the recently announced XJ successor. Jaguar has said it’s going to make an all-electric version of the car, but it’s going to use the new MLA platform that will also support a gas engine and hybrid versions.
Carmaker Jaguar Land Rover (JLR) posted a 6% fall in full-year sales on Friday after a challenging year in which its performance was hit by the weakening Chinese autos market and falling demand for diesel vehicles in Europe. Retail sales stood at 557,706 vehicles in 2019, hit by a 13.5% slump in China, but in the last six months the firm reported double-digit growth in the country, with overall company sales up 1.3% in December. At the start of 2019, JLR announced plans to cut around 10% of its workforce and it has been pursuing measures to reduce costs and improve cash flows by 2.5 billion pounds.
Tata Motors and SolarEdge moved toward buy points, and Pfizer led the Dow Jones today as the market headed for a holiday-shortened final week of 2019.
The firm has worked with Land Rover in the past, but it has always been independent. While JLR isn't in an ideal position to make acquisitions, and its recent financial troubles are well documented, Bowler was on the brink of shutting down. Monetary details haven't been released, meaning we don't know how much Bowler was worth, but the firm pointed out it's now fully owned by SVO.
At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of September 30. In this […]
U.S. growth stocks were once again among the best performers of 2019. However, a recent market rotation toward value stocks and two new international trade deals has the outlook for foreign value stocks ...
Credit Suisse analyst Dan Levy says the electric-car maker is a leader in two areas key to the future of auto manufacturing: software and electrification.
The look of the Defender is true to the original while taking into account modern safety regulations and aerodynamic qualities, writes Eileen Falkenberg-Hull.
U.S. stocks are set to start the day in the green, rebounding after news that President Donald Trump might delay a U.S.-China trade deal until after the 2020 election roiled markets on Tuesday.
Luxury automaker Jaguar Land Rover's chief executive told Reuters he is open to more alliances to lower the costs of developing technology, but is not looking for a full-blown corporate merger. "We feel the pressure" from demands to slash carbon emissions and develop electric vehicles, Jaguar Land Rover chief Ralf Speth said in an interview on the sidelines of the Los Angeles auto show.
Moody's Investors Service has assigned a Ba3 rating to the proposed senior unsecured notes to be issued by Tata Motors Limited (TML, Ba3 negative). The proposed notes rank pari passu with TML's existing senior unsecured notes and are therefore rated at the same level as these notes and TML's Ba3 corporate family rating (CFR).