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Jaguar Land Rover's InMotion takes a stab at carsharing
Wed, Apr 13 2016Jaguar Land Rover's new InMotion mobility business aims to capitalize on the growing carsharing boom and develop other forms of alternative transportation. The first pilot programs kick off in the coming months in North America, Europe, and Asia. JLR owns InMotion, but the company acts independently from the automaker. "As a start-up business, InMotion combines the flexibility and pace needed to compete in the ever-changing mobility sector. It allows us to react quickly to new tech and ever-changing customer demands," Adrian Hallmark, JLR's Group Strategy Director, said in a statement. The 30-person firm intends to develop its own answers to upcoming transport problems and also invest in entrepreneurs to develop those solutions. InMotion isn't yet providing many details about what projects the firm expects to tackle, but the Website mentions carsharing and on-demand delivery services. Establishing InMotion shows that JLR doesn't want to fall behind the current trends in the auto industry. Practically every major automaker is currently pursuing future transportation ideas. For example, Ford recently took a very similar approach when it spun off Smart Mobility into a separate startup. BMW also rebranded its DriveNow carsharing service into ReachNow to also add a future ridesharing service. Related Video: JAGUAR LAND ROVER LAUNCHES NEW TECHNOLOGY START-UP InMotion launched to create innovative solutions, helping customers to overcome travel and transport issues Independent business with the agility and independence to react quickly in mobility sector InMotion will create apps and on-demand services Whitley, 11th April 2016: Jaguar Land Rover has launched InMotion, a new technology business that builds apps and on-demand services to overcome modern travel and transport challenges. Next month InMotion will begin real-world testing of a number of different services such as car sharing and car ownership solutions, across North America, Europe and Asia in the coming months. Adrian Hallmark, Group Strategy Director, Jaguar Land Rover said:"With the development of new apps and on-demand services, InMotion provides us with an opportunity to provide engaging and invaluable experiences to both new and existing customers globally." "As a start-up business, InMotion combines the flexibility and pace needed to compete in the ever-changing mobility sector.
Tata Motors posts quarterly loss and warns of inflationary costs
Mon, Jan 31 2022BENGALURU — Jaguar Land Rover (JLR) owner Tata Motors reported a quarterly loss on Monday that was bigger than expected and warned of rising inflationary costs. Automakers worldwide have been roiled by chip shortages, supply chain disruptions, COVID-19 restrictions and rising raw material prices after a short-lived recovery towards the end of 2020. "Demand remains strong despite near term concerns ... the semiconductor supply situation is improving gradually whilst inflation worries persist," Tata Motors said in an exchange filing. The company expects chip shortages at JLR to continue through 2022 as suppliers gradually ramp up production, and is also engaging directly with chip manufacturers to secure supply longer-term supplies for the Range Rover maker, it said. Tata Motors' consolidated net loss came in at 15.16 billion rupees ($203.23 million) for the quarter ended Dec. 31, compared to a profit of 29.06 billion rupees a year earlier, when an easing of pandemic-related restrictions led to a pick-up in sales. However, the recovery was short-lived as acute semiconductor shortages and supply chain disruptions delayed production, and Tata Motors slipped back to losses. For the reported quarter, analysts had expected the Mumbai-based company to report a loss of 3.30 billion rupees, according to Refinitiv IBES data. Tata Motors' earnings before interest, taxes, depreciation, and amortization (EBITDA) margin, a key measure of profitability, was 10.2% for the quarter, above estimates of 9.3%. Total revenue from operations for the quarter fell 4.5% to 722.29 billion rupees, below estimates of 775.93 billion rupees. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Earnings/Financials Jaguar Land Rover
2022 Jaguar F-Pace SVR Road Test | Enjoy the hot-rod SUV while it lasts
Tue, Mar 15 2022BIRMINGHAM, Mich. -- Jaguar has been steering away from sedans, which makes good business sense. With the demise of the XJ and XE, the company’s lineup is as taut as itÂ’s been in recent memory. ThatÂ’s OK, the F-Pace plays a lot of roles. ItÂ’s the most practical and best-selling Jaguar, and in SVR trim, itÂ’s the embodiment of the modern muscle crossover. In fact, it's a legit hot rod. This is our first chance behind the wheel of the SVR since it was updated for the 2021 model year along with the rest of the F-Pace lineup. In short: the powertrain is slightly torquier, the brakes and suspension are bolstered, the cabin gets JaguarÂ’s Pivi Pro infotainment, and the front end is tweaked with new headlights and body work. ItÂ’s subtle. Driving the F-Pace SVR is anything but. The product of JaguarÂ’s Special Vehicle Operations (SVO), the SVR is a series of visceral experiences, some of them raw and adrenaline-inducing, some of them surprisingly calm. In Sport mode the Jaguar shifts quicker to accelerate harder and the full-throated roar of the exhaust is on display. In Eco or Comfort modes, things are chiller, but I still usually cued up the active exhaust system, which can be switched off and on with a button near the gear shifter. The supercharged 5.0-liter V8 is old-school, fierce and one of the reasons you buy this Jaguar. With 550 horsepower and 516 pound-feet, itÂ’s firmly in the upper class among performance-oriented SUVs, and the 3.8-second sprint to 60 mph is impressive for a compact crossover thatÂ’s on the larger size for the segment. While the V8 is a quickly disappearing throwback, Jaguar hasnÂ’t used it as prolifically as American or German luxury brands throughout its 100-year history — often skipping from six to 12 cylinders — depending on the car and the time period. Driving the F-Pace SVR with its supercharged eight cylinders is to experience the apogee of JaguarÂ’s 2010s pivot to V8 muscle, before the brand transitions to electric vehicles by the end of the decade. It's best to live in the present in the F-Pace SVR. On a wide-open Saturday morning, I dial up Sport Mode, crack the windows to let in the exhaust note and set out for a day trip to visit family on the other side of town. With the snow disappearing on this warm late winter morning, I make the most of a fleeting opportunity to push the F-Pace a bit, with quick launches and enthusiastic acceleration into open gaps on the expressway.
