Tag: JLR

JLR to invest £15 bn over next five years as its modern luxury electric-first future accelerates

JLR announced exciting plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next generation medium-size SUV architecture, electrified modular architecture (EMA), will now be pure-electric. In an update to global media at JLR’s centre in…

Jaguar Land Rover appoints Lennard Hoornik as Chief Commercial Officer

Jaguar Land Rover has announced the appointment of Lennard Hoornik as new Chief Commercial Officer. Lennard will begin his new role with immediate effect, helping to drive innovation within Jaguar Land Rover, and realise the potential of the business’s Reimagine strategy, according to a statement. Lennard will be responsible for all global sales and marketing…

Jaguar Land Rover to lay off 2,000 employees worldwide

JLR said that it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030, according to Reuters report. “The full review of the Jaguar Land Rover organisation is already underway,” the…

Ralf Speth is set to retire as ED and CEO for JLR

Tata Motors Ltd has announced in a BSE filing that Ralf Speth, Jaguar Land Rover Automotive Plc (JLR)’s Executive Director and Chief Executive Officer, will retire from his current role at the end of his contract term in September 2020. In a BSE filing, N Chandrasekaran, Chairman of Tata Sons, said, “I want to thank…

Tata Motors’s subsidiary JLR likely to slash 5,000 jobs.

Tata Motors’s subsidiary Jaguar Land Rover Limited is likely to cut jobs next year as part of its £2.5 billion cost-saving plans. However, the UK-based luxury carmaker declined to comment on reports. After a loss of £90 million in the three months to September, hit by falling sales in China and Europe, JLR started focusing on improving profitability and cashflow.…