
Tata Motors to launch 4 new EV models by 2025: N Chandrasekaran
Tata Motors also plans to launch a series of new electric vehicles for its Jaguar Land Rover (JLR) portfolio
Tata Motors also plans to launch a series of new electric vehicles for its Jaguar Land Rover (JLR) portfolio
The net debt of automotive division fell to ₹41,700 crore in June from ₹43,700 crore in March.
Tata Motors group CFO PB Balaji says FY24 began on the right note with all verticals delivering strong performances in Q1 FY24
JLR also announced the appointment of Richard Molyneux as chief financial officer.
As part of the company's ‘Reimagine’ strategy, Jaguar Land Rover will invest three billion pound per annum in order to expand its portfolio.
The U.K-based luxury car maker will start to invite applications for client orders for the modern luxury all-electric Range Rover later this year.
In Q4 FY23, global wholesales of Tata Motors, which includes sales of its flagship JLR vehicles, grew 8% YoY at 3,61,361 units.
Global wholesales for JLR rose 5.7% QoQ and 15% YoY to 79,591 units with a significant increase in New Range Rover and New Range Rover Sport production.
Adrian Mardell will take over as interim CEO of JLR from today, says Tata Motors.
JLR retail sales stood at 88,121 units in the July to September quarter, compared to 92,710 units in the same period last year.