Tag: JLR

M&M shares hit upper circuit on Q3 show; analyst see up to 35% upside

Following the earnings report, the stock hit the 10 per cent upper circuit on Monday. It was trading at Rs 931.65, up nearly 8 per cent, as investors lined up to buy the stock. NEW DELHI: An all-round performance by Mahindra & Mahindra (M&M) during the December quarter resulted in analysts raising their target prices… Continue reading M&M shares hit upper circuit on Q3 show; analyst see up to 35% upside

Indian automakers make profits surpassing pre-COVID levels

MUMBAI — Indian auto companies witnessed a sharp recovery in earnings in the last quarter of 2020, as the festival season boosted sales despite an economic slowdown and rising cases of COVID-19. The top three auto manufacturers — Maruti Suzuki India, Tata Motors and Mahindra & Mahindra — all posted profits for the first time since the pandemic hit in… Continue reading Indian automakers make profits surpassing pre-COVID levels

Jaguar Land Rover returns to profit in Q3 despite pandemic

Jaguar Land Rover has issued its financials for the third quarter of this financial year, revealing a pre-tax profit of £439 million from September to December 2020 despite the effects of the coronavirus pandemic and Brexit. That figure is the best third-quarter performance Jaguar Land Rover has on record, showing a £121 million improvement over… Continue reading Jaguar Land Rover returns to profit in Q3 despite pandemic

Best SUVs to buy 2021

If you’re in the market for an SUV you’re spoilt for choice these days. Almost every manufacturer makes an SUV, many make a whole range of them and the variety of models on offer is huge. The SUV options are growing all the time to accommodate demand, making choosing the best SUV for your needs… Continue reading Best SUVs to buy 2021

Land Rover Defender clocks monthly sales of 5,000 units, 14,000 bookings in hand

The Land Rover Defender has crossed a monthly run rate of 5,000 units and has an order book of over 14,000 units. Cumulatively, it means that nearly three months of sales are already accounted for. Sales of the Land Rover Defender grew 66 percent to 16,286 units quarter on quarter in Q3 FY2021. This performance was… Continue reading Land Rover Defender clocks monthly sales of 5,000 units, 14,000 bookings in hand

New Land Rover Defender clocks monthly sales of 5,000 units, 14,000 bookings in hand

The new Land Rover Defender has crossed a monthly run rate of 5,000 units and has an order book of over 14,000 units. Cumulatively, it means that nearly three months of sales are already accounted for. Sales of the new Land Rover Defender grew 66 percent to 16,286 units quarter on quarter. This performance was mostly… Continue reading New Land Rover Defender clocks monthly sales of 5,000 units, 14,000 bookings in hand

EU car sales: COVID recovery expected to start in 2021, auto industry says

Brussels, 3 February 2021 – After a year that saw the sharpest drop ever in EU car sales due to the COVID-19 pandemic, the European Automobile Manufacturers’ Association (ACEA) forecasts that 2021 will mark a first step on the path to recovery, with sales rising by about 10% compared to 2020. The fallout of COVID… Continue reading EU car sales: COVID recovery expected to start in 2021, auto industry says

Jaguar Land Rover to use advanced lightweight composites for future EVs

Jaguar Land Rover is preparing for future electric vehicles with advanced lightweight composite research that will help deliver increased range, greater performance and a more dynamic drive. The Tucana project is a four-year programme to make the UK a world leader in low-carbon technology, helping prevent 4.5 million tonnes of CO2 emissions between 2023 and 2032 by accelerating… Continue reading Jaguar Land Rover to use advanced lightweight composites for future EVs

Chinese carbuyers help Jaguar Land Rover outpace UK lockdowns

Jaguar Land Rover staged a recovery in the final three months of 2020, as the growth of car sales in China made up for the UK’s continued lockdowns and its setting aside of £35m to pay fines for missing carbon dioxide emissions targets. The carmaker made pre-tax profits of £439m in the last quarter of… Continue reading Chinese carbuyers help Jaguar Land Rover outpace UK lockdowns