Tata Motors Reaffirms Its Commitment To Jaguar Land Rover

jaguar-land-rover-diesel-committment-6

The chairman of Tata Motors says the Indian automaker remains committed to Jaguar Land Rover despite recent reports that it was looking to sell the company.

According to The Times, in a private letter sent to UK Prime Minister Theresa May, Tata’s Natarajan Chandrasekaran said that investments in JLR will continue well into the future. Soon after, Tata published a statement reiterating its commitment to Jaguar Land Rover despite the Brexit.

“I would like to clarify that we remain committed to the long-term growth and success of JLR,” Chandrasekaran’s statement read.

“JLR will continue to face global headwinds being experienced by the auto industry, and to address them, the management is taking the right steps to drive operational excellence, whilst continuing to invest in innovative products and technology to stay competitive globally.

“There is no truth to the rumors that Tata Motors is looking to divest our stake in JLR or discontinue the Jaguar brand.”

Concerns about the future of Jaguar Land Rover have been raised in recent months as the automaker has struggled with falling demand in China, a decline in diesel sales, and concerns regarding Britain’s impending exit from the European Union. Additionally, trade tensions between the U.S. and China have contributed to significant losses within the company.

In a bid to restore JLR’s health, Tata Motors recently drew up two plans to help the company. The first, Project Change, will focus on cost reductions of $1.26 billion over the coming 18 months. The second, Project Accelerate, is longer-term and expected to reduce the automaker’s range of models.

more photos...
  • Bo Hanan

    XE is dull. Needs a redesign and more versions, including an M3 fighter. Land Rover needs lower cost versions, better reliability, and a Wrangler competitor (for Wrangler money) too.

    • designer_dick

      Jeep’s prices in the UK are considerably more ridiculous than Land Rover’s are elsewhere. The Wrangler is priced FROM £44,495, which is roughly the same as the Range Rover Velar, while the truly craptastic Cherokee is almost £4,000 more expensive than a Range Rover Evoque, which might not be any better built or more reliable, but it’s certainly a lot nicer.

      • eye.surgeon

        The wrangler has extremely high resale value. LRs are almost worthless off lease. Cost of ownership of a wrangler is much lower than a velar as a result.

      • Axel Cortez

        my evoque has 4 years, only issue so far outside of normal maintenance was left rear abs sensor

  • Shane

    Land Rover needs better looking vehicles period. They need an all new design that doesn’t resemble any of their current offerings.

  • When you charge such high prices for reliability lemons, your customers notice. Also, all automakers will regret their China-centric policies.

  • Nordschleife

    Unfortunately JLR has to get their “perceived” reliability rating up and also their interior design/materials up. I’ve never owned one but the reliability rating is ridiculous so maybe some like Hyundai’s 10 year powertrain might help. I’ve sat in vehicles like the XE and it’s interior is abysmal in my opinion.

B&B-Tuned VW Beetle Convertible Has 380 PS, Hits 62 MPH In 5.2 Sec

It will cost you almost €10,000 to get B&B’s Stage 4 kit for the Beetle Cabrio 2.0 TSI.

Fiat Chrysler Planning To Test Vehicle-To-Grid Technology In Italy

FCA is joining forces with Terna for an innovative technology laboratory able to trial various electric mobility services.

France-Only Dacia Duster Black Collector Edition Goes On Sale Exclusively Online

The Duster Black Collector will be built in a limited run of 500 units solely for the French market and is priced at €19,490.

Toyota Boss Suggests Lexus Could Take To The Skies, Start Making Jets

Akio Toyoda has suggested Lexus could join Honda in the world of exclusive jets.

Skoda Karoq Production Hits The 250,000-Mark In Just 2 Years

Finished in black and powered by the 1.0 TSI engine, the milestone car was manufactured at Skoda’s Mlada Boleslav plant.

VW And Porsche Recalling 227,000 Cars Over Seatbelt And Airbag Issues

VW and Porsche have airbags and seatbelt pre-tensioners that may triggered incorrectly.

Tesla Says Model S Plaid Could Record 7:05 Nurburgring Lap Next Month

Tesla isn’t satisfied with the Model S Plaid prototype’s 7:20 ‘Ring time and thinks it can shave of a whole 15 seconds.

Robert Kubica Leaves Williams F1 After Just One Season

The Pole officially announced his departure from the British team, and most probably Formula 1, after struggling with performance.

Nanny No More: Simple Hack Lets You Do Donuts In A Tesla Model S

A bug in Tesla’s sofware lets owners disable stability control and regenerative braking, but without the electronic safety net, they’re out there on their own.

2017 Ford GT Comes With An Eye-Watering $1.3 Million Price Tag

Ford GTs are slowly entering the used car market after their two-year no-sale contracts are starting to expire.