'03 Jaguar S Type R (supercharged) Str on 2040-cars

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Jaguar Land Rover posts profitable quarter amidst big yearly losses

Jaguar has posted its first profit in quite some time, as the financial quarter ending on March 31 brought in a net income of $151.6 million. However, that is the light in the end of the tunnel, as full year results through March showed a $4.58 billion loss (GBP3.6 billion). The losses are again attributable to declining sales in China, with a whiff of the still-lingering Brexit process. While JLR's annual U.S. sales were up 8.1 percent, and U.K. sales improved by 8.4%, overall sales came down 5.8% to 578,915 vehicles. For April, Chinese sales nearly halved as they dropped by 46 percent. Earlier this year, JLR's woes caused its owner Tata Motors to post the biggest ever quarterly loss in Indian corporate history, at nearly $4 billion. JLR's CEO Ralf Speth stated that the company is "reducing complexity" and transforming its business by cost savings and cash flow improvements, citing the fourth-quarter profits as an example of the ongoing turnaround. Speth said JLR has already managed to deliver $1.59 billion (GBP1.25 billion) of efficiencies and savings. JLR says its turnaround program, dubbed Charge, will drive it to at least $3.18 billion (GBP2.5 billion) of investment, working capital and profit improvements by March 2020, and that it currently has $4.84 billion (GBP3.8 billion) of cash. Speth continued that JLR will "go forward as a transformed company that's leaner and fitter," and that the sustained investment in new products and technologies will drive future demand. There has been earlier speculation of Tata Motors selling JLR to the PSA Group, but as Autocar reports, Tata's financial chief again refuted these rumors. JLR also announced today that its CFO of 11 years, Ken Gregor is stepping down after 22 years with the company, and that he will be succeeded by JLR's Chief Transformation Officer, Adrian Mardell.

New York Auto Show, Tesla Model 3, Alpina B7 | Autoblog Podcast #535

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts and Senior Editor of Green John Snyder. We talk about the New York Auto Show and its highlights. We also discuss some of the cars we've had in the office including the Jaguar XF S Sportbrake and BMW Alpina B7. And of course, we'll help choose a new vehicle for a listener in our "Spend My Money" segment. Autoblog Podcast #535 Your browser does not support the audio element. Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown New York Auto Show Cars in the office: Jaguar XF S Sportbrake, BMW Alpina B7 Tesla Model 3 Spend my money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Green Podcasts New York Auto Show BMW Jaguar Tesla Car Buying Used Car Buying Wagon Electric Luxury Performance Sedan 2018 new york auto show alpina alpina b7

Junkyard Gem: 1984 Jaguar XJ6

The original Jaguar XJ first appeared in American showrooms for the 1969 model year, after an excruciatingly long development process that included a final-innings merger of Jaguar's parent company with a manufacturer of heavy-duty vehicles. And then Jaguar used that same basic platform for various iterations of the XJ until the last V12-engined cars hit the showrooms for 1992. Six-cylinder XJs switched to the new XJ40 platform for 1988, however, which makes today's Junkyard Gem one of the later Series 3 XJ6s to hit our roads. This one was in very nice condition when it arrived in this Denver self-service yard recently, so be prepared for pain if you're an XJ lover (no, not the other kind of XJ). Just over 100,000 miles on the odometer, which is just over 2,700 miles traveled for each year of this luxurious saloon's life on the road. Other than some damage that I'm nearly certain was caused by junkyard shoppers, the interior is just about perfect. Most of the upholstery looks new, the door panels are pristine, and the wood trim isn't cracked. The only obvious flaws are some cracks in the dash pad and a bit of fraying on some leather here and there. Of course, the sun's glare is a little harsher in the Western United States than it is in Coventry, so you must expect some interior damage. It lived in Texas for a while during the early 2000s. There's a University of Wisconsin sticker on the rear window, so this car may have done a few cross-country moves during its life. How much did it cost new? The MSRP was $31,100 for the 1984 XJ6, which comes to about $90,435 in 2022 dollars. I was driving a 1968 Mercury Cyclone that cost $200 in 1984 dollars when this Jag was new, and a new XJ6 seemed about as far out of reach to me as an intergalactic starship (though beater early-1970s XJ6s were well within my price range— if not my wrenching skill-set— at the time). Anyone who has heard "Dead Man's Curve" knows that you just don't mess with the curves on Sunset Boulevard or with a Jaguar straight-six (the XJ was in the early stages of development when the song came out, so the narrator of the classic teen-tragedy song wrecks his Sting Ray while racing an XKE). This one displaces 4.2 liters and made 176 horsepower when new. The V12-powered XJ-S coupe had 262 horses, but cost $34,700 ($100,900 today).