Jaguar Land Rover
Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited, a British multinational automotive company with its headquarters in Whitley, Coventry, United Kingdom, and a subsidiary of Indian automaker Tata Motors. The principal activity of Jaguar Land Rover Limited is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover (including Range Rover) marques. Both marques have long and sophisticated histories prior to their merger, going back to the 1940s, very first coming together in one thousand nine hundred sixty eight as part of the ill-fated British Leyland conglomerate; and later existed independently of each other as subsidiaries of BMW (in the case of Land Rover), and Ford Motor Company (in the case of Jaguar); Ford later acquired Land Rover from BMW in two thousand following the break-up of the former Rover Group; which was effectively the remainder of British Leyland.
(Chief design officer of Jaguar) [Two]
(Chief design officer of Land Rover) [Trio]
Jaguar Land Rover Limited
Jaguar Land Rover India
Jaguar Land Rover has been a wholly possessed subsidiary of Tata Motors since 2008, when the latter acquired it from Ford. [6] It sold a total of 462,678 vehicles during 2014, comprising 381,108 Land Rover vehicles and 81,570 Jaguar vehicles. [7]
Contents
Both businesses having previously been part of British Leyland for parts of their histories, Jaguar Cars and Land Rover were eventually reunited as a single entity by the Ford Motor Company in 2002. [8] Ford had acquired Jaguar Cars in one thousand nine hundred eighty nine and Land Rover from BMW in 2000. [9] [Ten]
In two thousand six Ford purchased the Rover brand name and logos from BMW for around £6 million. This reunited the Rover and Land Rover brands for the very first time since the Rover group was violated up by BMW in 2000, and also brought Jaguar into the same stable as Rover/Land Rover more than fifteen years after it was spun out from the former British Leyland in 1984.
In 2008, the Jaguar Land Rover company was established when Tata Motors acquired the Jaguar and Land Rover businesses from Ford. [11]
In March 2011, Jaguar Land Rover announced that it would be hiring an extra 1,500 staff at its Halewood plant, and signed over £2 billion of supply contracts with UK-based companies, to enable production of its fresh Range Rover Evoque model. [12] [13] In September 2011, the company confirmed that it would be investing £355 million in the construction of a fresh engine plant at the i54 business park near Wolverhampton, central England, to manufacture a family of four-cylinder petrol and diesel engines. [14] [15] In November two thousand eleven Jaguar Land Rover announced that it would be creating 1,000 fresh jobs at its Solihull plant, a twenty five per cent increase in the size of the workforce at the site. [16] [17]
In March 2012, Jaguar Land Rover announced the creation of 1,000 fresh jobs at its Halewood plant, and a shift to 24-hour production at the plant. [Eighteen] [Nineteen] In the same month, Jaguar Land Rover and the China-based carmaker Chery agreed to invest an initial US$Two.78 billion in a fresh joint venture the activities of which will include the manufacture of Jaguar and Land Rover vehicles and engines, the establishment of a research and development facility, the creation of a fresh automobile marque, and sales of vehicles produced by the company. [20] [21] Jaguar Land Rover plans to create Four,500 manufacturing and engineering jobs in the UK over the next five years. [22]
In September 2013, Jaguar Land Rover announced an extra 1,700 jobs and £1.Five billion investment at its facility in Solihull. The money will be spent on designing systems to permit the chassis of future models to be made out of aluminium. The very first of these models will be a fresh mid-sized sports saloon car to be introduced in 2015. [23]
Under its chief executive, Dr Ralf Speth, JLR has enlargened its investment in R&D significantly. In 2013, according to Speth, it invested £3 billion in “product creation” and now claims to be the “thickest R&D investor in the UK in the automotive business”. [24]
In September two thousand thirteen Jaguar Land Rover announced plans to establish a fresh research and development centre in the UK. [25] The National Automotive Innovation Campus will be based at the University of Warwick in Coventry. Jaguar Land Rover will invest £50 million in the facility with extra funding from Tata Motors, the University and the UK government. [26]
In January two thousand fourteen the Wall Street Journal reported that Jaguar Land Rover, sold a record 425,006 vehicles in two thousand thirteen as request for its luxury vehicles enhanced in all major markets including in China, North America and Europe. [27]
Jaguar Land Rover Automotive is a public limited company incorporated under the laws of England and Wales (Company No. 06477691). The instantaneous parent of Jaguar Land Rover Automotive PLC is TML Holdings Pte. Ltd., Singapore and the ultimate parent undertaking and controlling party is Tata Motors Limited of India. [28] The Chairman of Tata Group, Ratan Tata, was the chairman and a director of Jaguar Land Rover Automotive PLC from two thousand eight to December 2012.
Jaguar Land Rover Automotive PLC’s principal active subsidiaries are: [29]
- Jaguar Land Rover Holdings Limited
- Jaguar Land Rover Limited (designs, manufactures and sells Jaguar and Land Rover vehicles)