|Bid||11.39 x 2200|
|Ask||11.40 x 3200|
|Day's range||11.28 - 11.42|
|52-week range||7.38 - 17.14|
|Beta (3Y monthly)||1.53|
|PE ratio (TTM)||5.88|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.00|
Luxury automaker Jaguar Land Rover's chief executive told Reuters he is open to more alliances to lower the costs of developing technology, but is not looking for a full-blown corporate merger. "We feel the pressure" from demands to slash carbon emissions and develop electric vehicles, Jaguar Land Rover chief Ralf Speth said in an interview on the sidelines of the Los Angeles auto show.
Indian automaker Tata Motors reported Friday narrowed losses as growing demand in China for Jaguar Land Rover offset dire conditions in its home market, beating analyst predictions. The company which owns Jaguar Land Rover (JLR) lost 2.17 billion rupees ($30.6 million) in the three months to September, down from a loss of 10.49 billion rupees in the year-earlier quarter. The heavily indebted company has now suffered losses in five of the last six quarters.
Jaguar Land Rover owner Tata Motors posted a smaller-than-expected loss in the second quarter on Friday as a pick up in sales of its luxury car in China helped it ride out weak vehicles sales in India, its home market. Improved sales for JLR is an indication of recovery for the iconic British brand which had been hit by a trend to move away from diesel cars towards cleaner fuels in markets such as China and Britain. Tata bought Jaguar and Land Rover in 2008 for $2.3 billion (£1.8 billion).
Investing.com - U.S.-listed Indian car company Tata Motors (NYSE:TTM) surged in midday trade on Friday after its U.K. unit made a profit for its fiscal second quarter.
Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit. The industry, Britain's biggest exporter of goods, has been vocal about its concerns that a disorderly departure from the European Union could disrupt the flow of components and vehicles, ruining production processes and damaging the viability of factories. Prime Minister Boris Johnson has vowed to take Britain out of the EU, with or without an exit deal, on Oct. 31.
The competition in the self-driving technology market just heated up again. Hyundai Motor Company (HMC) has formed a joint venture with Aptiv.
Jaguar Land Rover has partnered with BlackBerry to develop autonomous vehicles. BlackBerry will assist Jaguar in various areas via AI and machine learning.
Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday, seeking to build on a recent recovery in sales in the world's biggest auto market. JLR, owned by India's Tata Motors, said the models would include imported ones as well as products built by Chery Jaguar Land Rover, its local joint venture with Wuhu-based carmaker Chery Auto. The plan follows a 17% rise in JLR's sales in China in August and a 40% jump in July, after a more than 20% decline last year.
Domestic stock markets and the rupee had plunged on Tuesday after data last week showed the economy grew at its weakest pace in over six years. Foreign investors pulled out 20.16 billion rupees ($281.99 million) from capital markets on Tuesday, according to NSE data. Trade sentiment globally remained subdued after data showed the U.S. manufacturing sector contracted in August for the first time since 2016 amid worries about a weakening global economy and rising trade tensions between China and the United States.
Greg Migliore, editor-in-chief of Autoblog, believes it'd be a 'brilliant move' for Volkswagen to really look at buying Tesla and it will give it a 'critical edge'.
The following are the top stories on the business pages of British newspapers. - Boris Johnson has said he is "confident" that the European Union will back down over his demands for the Irish backstop to be scrapped. - UK ministers were accused of "concealing the facts" over a no-deal Brexit on Monday as business leaders expressed fury over leaked government documents that outlined the prospect of widespread disruption.
Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, hit by an ongoing slump in car demands at home, as well as plant shutdowns and delays due to Britain's planned exit from the European Union. Tata completed the $2.3-billion acquisition of Jaguar and Land Rover in 2008, but the iconic British brand has been hit by a trend to move away from diesel cars towards cleaner fuels, as well as political and trade uncertainty related to Brexit. The Mumbai-based company plans to introduce electric variants for all of its JLR models by 2020.