Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates

Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of ₹75,654 crore in the year-ago period. The… Continue reading Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates

Lamborghini plans to electrify entire range by 2024

Lamborghini has announced plans to produce only hybrid electric supercars by 2024, becoming the latest sports car producer to shift away from polluting internal combustion engines. The Italian supercar company announced on Tuesday it was investing €1.5bn (£1.3bn) in hybrid and all-electric vehicles. The brand, which is owned by Volkswagen, said its current models –… Continue reading Lamborghini plans to electrify entire range by 2024

Jaguar Land Rover makes £860m loss after strategy rethink

Jaguar Land Rover made a loss of £860m for its full financial year after its new boss wrote off £1.5bn in a strategy rethink, despite a recovery in sales since the slump at the start of the coronavirus pandemic. JLR would have made a £660m profit in the year to 31 March if not for… Continue reading Jaguar Land Rover makes £860m loss after strategy rethink

@Tata-JLR: STRONG END TO FISCAL 2020/21 WITH SIGNIFICANT Q4 PROFIT AND POSITIVE FREE CASH FLOW

About Jaguar Land Rover: Reimagining the future of modern luxury by design  Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and… Continue reading @Tata-JLR: STRONG END TO FISCAL 2020/21 WITH SIGNIFICANT Q4 PROFIT AND POSITIVE FREE CASH FLOW

@Geely: Mon 17 May 2021Mark Farries appointed Group Lotus Chief Financial OfficerGroup Lotus announces that Mark Farries has been appointed Chief Financial Of…

(Hethel, UK – 17 May 2021) – Group Lotus announces that Mark Farries has been appointed Chief Financial Officer (CFO), replacing incumbent, Robert Gong, who is returning to Geely’s HQ in China (Lotus majority shareholder).  Farries, 44, joined Lotus earlier this year as Head of Commercial Finance. He brings a wealth of international experience from… Continue reading @Geely: Mon 17 May 2021Mark Farries appointed Group Lotus Chief Financial OfficerGroup Lotus announces that Mark Farries has been appointed Chief Financial Of…

Next-generation Range Rover Sport to get racy new look

Land Rover is preparing a brand-new version of one of its best-selling models – the Range Rover Sport. The Sport outsells the full-size Range Rover by almost two-to-one, and in the group’s most recent financial results it was the joint-second best-selling Jaguar Land Rover model, behind only the Evoque. And that’s despite the current car… Continue reading Next-generation Range Rover Sport to get racy new look