JLR Cut By Standard & Poors As Virus Undermines Plans. “a long way from JLR’s ambition for annual sales of 1 million” Financially troubled maker of sports cars and luxury SUVs Jaguar Land Rover (JLR) was downgraded by Standard & Poors Global Ratings (S&P) because it expects JLR’s profits to be hit by a sales […]
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JLR Ratings Cut Again, But Profit Turnaround Expected
JLR Ratings Cut Again, But Profit Turnaround Expected. “We expect the EBIT margin to increase to 4% in financial 2022 as the effect of higher margin model launches is felt,” Financially troubled maker of luxury SUVs and sports cars Jaguar Land Rover (JLR) has been boosted recently by its decision to accelerate electric car production, […]
JLR Ratings Cut By Moody’s, Citing China, Electrification
JLR Ratings Cut By Moody’s, Citing China, Electrification. “Risks regarding a potential “no-deal Brexit” or U.S. tariffs also remain” Moody’s Investors Service downgraded some debt ratings of troubled maker of luxury SUVs and sports cars Jaguar Land Rover (JLR) because of its continuing troubles in China and worries about the huge amount of capital required […]
Cool Reception For JLR’s Reported Plan For New Mobility
Cool Reception For JLR’s Reported Plan For New Mobility. “Changes are coming, but does JLR really have $350 million to spend on this. It would go a long way towards a new platform for a new range of models. Does it need to take Addison over? Couldn’t there be a deal like it has with […]
Jaguar Land Rover Needs Urgent Action To Repair Mistakes
Jaguar Land Rover Needs Urgent Action To Repair Mistakes. “Given JLR’s recent history, will investors trust their ability to fix the business, and navigate the various challenges it now faces?” Jaguar Land Rover (JLR) investors, still reeling from news of big losses, are urging the Indian-owned and British-based luxury car maker to take swift action […]
Jaguar Land Rover Hit By Big Loss
Jaguar Land Rover Hit By Big Loss. “JLR’s small size suggests it might need to link with another manufacturer” Jaguar Land Rover said it lost 3.4 billion pounds ($3.9 billion) in the quarter ended December 31 after it took a major write-down in the value of its investments. JLR, owned by Tata Motors of India, […]
JLR Needs To Shake-up Jaguar, Own Up To Missteps
JLR Needs To Shake-up Jaguar, Own Up To Missteps. “Blaming external factors for cutting costs and capex and turning around China should only be one part of the solution. JLR’s issues are certainly more strategic and operational rather than externally driven” British-based and Tata Motors of India-owned Jaguar Land Rover slashed its workforce by 10% […]
Jaguar Land Rover Slashes Workforce To Restore Bottom Line
Jaguar Land Rover Slashes Workforce To Restore Bottom Line. “Decisive action will help deliver resilient long-term growth as Jaguar Land Rover implements cost and profit improvements” Jaguar Land Rover said Thursday it will cut about 10% of its workforce as part of its plan to restore profitability, decimated by falling sales in China, a slump […]
JLR Slashes Spending To Restore Profitability
JLR Slashes Spending To Restore Profitability Does Jaguar Range Face The Axe? Jaguar Land Rover (JLR), British based and Tata Motors of India owned premium vehicle maker, is losing money because of falling sales in China and poor diesel sales in Europe, and might be forced to slash Jaguar’s model range if it is to […]
As JLR Stumbles, Should Some Jaguar Models Face The Axe?
As JLR Stumbles, Should Some Jaguar Models Face The Axe? “That is not a good business model. They need more sales per model or they have to scrap models. You cannot compete with BMW or Mercedes with just 30,000 sales per model” Jaguar Land Rover (JLR), Indian owned and British-based luxury vehicle maker, needs to […]