Jaguar Land Rover: Profit accelerates but sales stall Business Jaguar Land Rover has revealed its pre-tax profit accelerated by 25 per cent during the first half of its financial year despite its revenue flatlining. The automotive giant has reported a profit of £1.1bn for the first six months of its year to the end of September 2024. However, its revenue remained at £13.7bn. For [...]
Jaguar Land Rover: Drivers using plug-in hybrids as ‘stepping stone’ towards electric cars Transport and infrastructure Jaguar Land Rover has revealed a sharp rise in the sales of its plug-in hybrid models (PHEV) as its customers use them as a ‘stepping stone’ towards battery electric vehicles (BEV). The automotive giant has reported a 59 per cent rise in PHEV sales during the first half of its financial year compared to the [...]
Jaguar Land Rover plans £500m ‘factory of the future’ in UK electric vehicle drive Business Jaguar Land Rover (JLR) has announced plans to invest £500m to transform one its historic factories as part of its drive to build more electric vehicles. The Whitley-headquartered automotive giant has already spent £250m on upgrading the Halewood plant, near Liverpool, which was originally constructed in 1963 to make the Ford Anglia. The work will [...]
Jaguar Land Rover and Porsche supplier almost triples sales August 21, 2024 Andersen EV, an electric charging start-up which supplies the likes of Jaguar Land Rover and Porsche, almost tripled its sales during its latest financial year. The Bedfordshire-headquartered company, which was formerly known as Evios, has reported a turnover of £3.7m for the year to 31 March, 2024, up from the £1.3m it reported in the [...]
Inmotion Ventures: Jaguar Land Rover’s investment arm slips to loss after busy year August 12, 2024 Inmotion Ventures, the investment arm of Jaguar Land Rover (JLR), made a loss during its latest financial year after backing six new companies. The Coventry-headquartered business has posted a pre-tax loss of £2.6m for the year to March 31, 2024, newly-filed accounts with Companies House have revealed. The loss comes after Inmotion Ventures made a [...]
Jaguar Land Rover nets record revenue as Range Rover and Defender sales drive growth May 10, 2024 Jaguar Land Rover is booming. A record set of full-year results were driven by sales of its luxury Range Rover and Defender models.
Jaguar Land Rover shrugs off China slump as UK and North America sales surge April 8, 2024 Jaguar Land Rover has reported a near quarter rise in full-year sales as it continues a stellar showing over the last 12 months.
Jaguar Land Rover creates 250 jobs as electrification drive advances March 19, 2024 Jaguar Land Rover has created 250 jobs as the car giant's push for electrification advances.
Jaguar Land Rover to head off-grid for one quarter of its UK energy March 4, 2024 JLR’s new off-grid energy projects aim to produce almost 120 Mega Watts (MW) of renewable energy at their peak
Jaguar Land Rover: What’s driving record sales at JLR as profits pass milestone? February 2, 2024 Jaguar Land Rover posted its highest quarterly profits since 2017 as its sales hit a new record, it has been revealed.