Tata Group's British luxury carmaker Jaguar Land Rover on Monday said it will reduce its global workforce by around 4,000 roles over the next two years. The company, a subsidiary of Tata Motors Passenger Vehicles Ltd, said it is targeting approximately 1.7 billion of savings over the next two years to reduce its break-evens towards 300,000 units. JLR currently employs 43,000 people globally. The savings are designed to enhance JLR's ability to deliver sustainable profitable growth, against the backdrop of increasingly competitive and rapidly changing markets and continuing geo-political uncertainty. The programme will reduce organisational complexity, and underpin the commitment to invest between 15-18 billion in electrification, digital technologies, advanced manufacturing and enhanced customer experiences over the next 5 years. "As a result, JLR will reduce its global workforce by around 4,000 roles over the next two years. The reduction, which is not expected to impact direct .
Jaguar Land Rover plans a voluntary redundancy programme as it targets 1.7 billion euros in savings over two years and seeks to lower its break-even point
First electric Range Rover kicks off crucial new-product cycle after British luxury arm weighed on Tata Motors PV earnings amid falling revenue and margins
Strong domestic volume growth and new launches support Tata Motors PV's outlook, but raw material inflation and headwinds at JLR could keep near-term margins under pressure
The company retailed 1,665 vehicles in Q1 FY27, up 11 per cent year-on-year, with the Range Rover, Range Rover Sport and Defender accounting for over 85 per cent of sales
JLR says local manufacturing plans remain unchanged as India opens its premium vehicle market to British imports while protecting lower-cost EV segments
EVs have a quarterly run rate of 24,000 units (Q4 volumes were 27,000 units). Management targets 10,000 units per month
Jaguar Land Rover said changing market dynamics and tariff pressures may require it to keep internal combustion engine vehicles in its US portfolio for longer
JLR, Britain's largest carmaker, is owned by Tata Motors Passenger Vehicles and makes up close to 80 per cent of the Indian automaker's revenue
Jaguar Land Rover will begin assembling premium cars at its new Tamil Nadu plant on February 9, marking a step towards full-scale luxury car manufacturing in India
Tata Motors will likely maintain its dominant share in India's commercial vehicle (CV) market, with support from India's economic growth, and favourable infrastructure and construction spending.
The global ratings agency expects the cash flow at Tata Motors Passenger Vehicles to be significantly lower due to a prolonged operational disruption at its wholly owned subsidiary, JLR
JLR is slowly resuming operations after the cyberattack forced the UK's largest carmaker to stop making any vehicles for more than five weeks
Vertu, which operates 10 JLR dealerships, said about 2 million pounds of the profit impact was in September, with the full-year effect hinging on when JLR restores its systems
Tata Motors has fixed Oct 14 as the "Record Date" for the purpose of ascertaining the shareholders of the company who shall be allotted shares of Tata Motors Commercial Vehicles in 1:1 ratio.
Jaguar Land Rover's UK plants in West Midlands and Merseyside had stopped operations on September 1 due to a cyber attack
We have made this decision to give clarity for the coming week as we build the timeline for the phased restart of our operations and continue our investigation, the company said
The luxury carmaker, owned by India's Tata Motors, said it shut down its systems in early September to contain the hack that has severely disrupted its retail and manufacturing operations
"Our forensic investigation continues at pace and we will contact anyone as appropriate if we find that their data has been impacted," the company, owned by India's Tata Motors, said
Mardell's departure marks the latest CEO change at a major automaker after new leaders for Renault SA, Stellantis NV and Volvo Car AB