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BRITISH CARMAKER
Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrestJaguar Land Rover's first-quarter sales dipped 15.3% due to supply issues and weaker demand. A supplier fire and disruptions from the Middl...- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- Britain's economic woes fuel discontent with Brexit a decade after historic vote to leave EUA decade after Britain's vote to leave the European Union, business leaders like Simon Boyd and Mike Hawes express frustration. Promises of...
- JLR projects revenue growth and return to profit in FY27, doubles down on USJaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profita...
- Tata Motors PV eyes industry-leading FY27 growth as new launches, EV momentum fuel optimismTata Motors Passenger Vehicles anticipates strong growth in fiscal 2027. The company plans new product launches and a multi-powertrain stra...
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- Oil price hits $100 as Brent Crude rises over 4 per cent. Will rate go further up?US and Iran have been working on an agreement to end the Middle East war and reopen the crucial waterway to tanker and cargo traffic since ...
- Jaguar Land Rover profit wiped out by cyberattack, US tariffsLast year proved challenging for Jaguar Land Rover, as nearly all profits evaporated due to US tariffs, reduced demand from China, and a de...
- Britain's JLR says 'some data' affected by cybersecurity incidentThe British carmaker last week shut down its systems to mitigate the breach's impact, adding to its woes around launch delays and slowing d...
- Renault names Duncan Minto as interim CEORenault has appointed Duncan Minto, its British CFO, as interim CEO following Luca de Meo's departure to lead Kering. Minto, a 1975-born Sc...
- Direct message to Donald Trump as luxury carmaker Jaguar and Land Rover stops export to USAnalysts said they expect other British carmakers to follow suit as the increased tariffs heap more pressure on an industry that is already...
- Tata Motors owned JLR to build electric Defender model at Slovak plantJaguar Land Rover (JLR) will produce an electric version of its Defender vehicle as part of its plan to introduce nine fully electric model...
- Strong demand revs Rolls-Royce car sales to a record high in 2021Premium and luxury car sales have been growing more broadly in key global markets such as China and the United States as pandemic travel re...
- The last of Lotus: British carmaker unveils it’s final petrol car ahead of switch to electricLotus - once a sports car powerhouse - has been out of the game for a bit, with its exclusive production and small capacity hamstringing it...
- Tatas Group begins hunt for a partner for Jaguar, approaches Geely & BMWTata Group has said it’s open to finding partners for JLR to save costs & share burden of investing in e-cars.
- China’s Shanghai Auto to focus on SUVs, skip Maruti test for nowShanghai Automotive’s takeover of British carmaker MG Motor made the latter’s Indian operation the subsidiary of the Chinese carmaker.
- Aston Martin aims for $6.7 billion October IPOThe firm is expecting 25 percent of its stock to be floated, nearly 57 million shares.
- British carmaker MG Motor finalises 5 Indian startups for its innovation programMG Motor India received over 200 applications from startups in 20 days through the recently launched ‘MG Drives Innovation’ program.
- British carmaker Jaguar Land Rover strikes plants dealJaguar Land Rover has struck a pay deal with trade unions that would safeguard the future of three plants open in Britain and create thousa...
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