British MP demands to meet Ratan Tata over 'bad judgement'September 27th, 2009 LONDON - A British MP Sunday called for a meeting with Ratan Tata, chairman of Jaguar Land Rover (JLR) owners Tata Motors, over the company's decision to close a factory in Britain. Mike O'Brien, Labour Party MP for North Warwickshire and Bedworth, said he wanted to speak to Tata chief Ratan Tata himself about what he described as the firm's "bad judgement", the BBC reported.
Jaguar Land Rover to close British plant; no compulsory redundanciesSeptember 24th, 2009 LONDON - Tata Motors-owned Jaguar Land Rover Thursday announced plans to close one of its factories in Britain but said there will be no compulsory redundancies. The company said it will close a plant at either Solihull or Castle Bromwich in west central England, but will combine production at a site to be decided next year.
Britain urges Tata to respond to offer on Jaguar Land RoverJuly 21st, 2009 LONDON - Britain's Business Secretary Lord Peter Mandelson has urged Tata Motors to respond quickly to a revised offer of government funding for its luxury Jaguar Land Rover (JLR) brands. Tata Motors, advised by Citigroup and Standard Chartered, is seeking a government guarantee for a 340-million-pound, three-year European Investment Bank loan, plus guarantees for private bank loans worth nearly 500 million pounds.
Jaguar to shut plants for summerJuly 12th, 2009 LONDON - Jaguar Land Rover, the British carmaker owned by India's Tata Motors, is planning an extended shutdown of its British plants and a new round of layoffs as it tries to deal with the slump in the world car market, a media report said Sunday. The preparation for the shutdown comes days after the company released its new flagship, the latest version of the Jaguar XJ, Sunday Times reported.
Tata-owned Jaguar hopes to survive recession with new modelJuly 10th, 2009 LONDON - Struggling car maker Jaguar has unveiled a new model-the Jeff Randall Live-in hope of rcovering its losses. According to co-owner, Tata Motors, Jaguar has been losing one million pounds a day for the last ten months.
Jaguar, Land Rover models launched in IndiaJune 28th, 2009 MUMBAI - Nearly 16 months after acquiring the iconic Jaguar and Land Rover brands, Tata Motors formally launched the luxury cars in India here Sunday. Tata Motors chairman Ratan Tata said initially, three Jaguar and two Land Rover models would be available in the country.
After Nano, Tata launches luxury Jaguar, Land RoverJune 28th, 2009 MUMBAI - Three months after launching Nano, the world's most inexpensive family vehicle at the Rs.1 lakh, Tata Motors Sunday launched here the iconic Jaguar and Land Rover cars, to cost between Rs.63 lakh and Rs.92 lakh in India. Tata Motors chairman Ratan Tata said initially, three Jaguar and two Land Rover models would be available in the country.
Tata says UK job cuts likely at Jaguar Land RoverJune 27th, 2009 LONDON - Tata Motors has said that more UK job cuts are likely at Jaguar Land Rover, which sent India's largest carmaker to a thumping loss for the year. Tata Motors vice-chairman Ravi Kant said JLR global sales for the 10 months to March fell by 32 percent to 167,000 vehicles from 246,000 the previous year.
Jaguar Land Rover to make India debut this yearMay 1st, 2009 MUMBAI - Tata Motors-owned British luxury car maker Jaguar Land Rover (JLR) is set to launch its premium brands in the Indian market later this year, the company said in a statement Friday. 'We are delighted to be formally entering the Indian market, an economy which is still growing appreciably, and able to offer our premium products to a whole new group of customers,' a JLR statement said.
Tata owned Jaguar rescue bid in doubt due to warring Brit departmentsApril 30th, 2009 LONDON - The wrangling between the Treasury Department and the Lord Mandelson-led Business Department might delay an 800 million pound emergency package for the Tata owned Jaguar Land Rover. Jaguar Land Rover executives fear that even if they can agree terms with the Treasury for the refinancing it may be months before they receive the cash.
Skoda voted No.1 car in UK, Jaguar rated most satisfyingApril 16th, 2009 LONDON - Skoda has beaten motoring's elite to be voted the UK's number one car brand and British-built Jaguar XF became the most satisfying new car to own. The Czech manufacturer has Britain's happiest and most satisfied owners, according to a survey.
TATA's Jaguar Land-Rover to get 270 m pound European bank loanApril 6th, 2009 LONDON - The TATA-owned struggling motor group Jaguar Land-Rover looks to set to receive a European bailout package of 270 million pounds to safeguard as many as 14,500 jobs in the UK. JLR has been one of the victims of a 22 per cent drop in UK car sales over the last year.
TATA's Land Rover seeks 781 m pounds in UK Govt. loansApril 3rd, 2009 LONDON - Tata, the Indian owners of Jaguar Land Rover, are seeking 781 million pounds in Government and European loans to safeguard the company's future. Jaguar Land Rover is one of a number of companies looking to tap into the 2.3 billion pounds aid package promised by Lord Mandelson.
TATA-owned Land Rover offered 27 million pounds to produce 'Green Car'March 12th, 2009 LONDON - The British Government has offered a grant of up to 27 million pounds to TATA-owned Jaguar Land Rover for the production of a new 'green' car. According to a Sky News report, the company will make a decision later this year on whether to go ahead with the 400 million pound project at its factory at Halewood on Merseyside.
Jaguar Land Rover cuts jobs at British plantsJanuary 13th, 2009 LONDON - Ailing British luxury carmaker Jaguar Land Rover is to axe 450 jobs, including those of 300 managers, as part of a cost-cutting scheme following a 'severe reduction' in demand for new cars, the company said Wednesday. The firm, which was bought by India's Tata group for 1.7 billion pounds ($2.5 billion) last year, employs a staff of 15,000 at plants in Britain.
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