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Jaguar Land Rover won't get a bailout from the UK

Bailout talks between Jaguar Land Rover and Tata Steel with the UK government have ended, leaving both firms to rely on private financing to overcome the impact of coronavirus on business, the Financial Times reported on Friday. The report said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support. It is the luxury car unit of India's Tata Motors and Tata Steel, both owned by Indian conglomerate Tata Group. The bailout plan, titled "Project Birch", had been authorized by Finance Minister Rishi Sunak in May to rescue companies that are seen as strategically important, with the Treasury saying it may step in to support crucial businesses on a "last resort" basis after other options run out. The report, citing a source familiar with the matter, said that the funding scheme became infeasible for Tata as it imposed strict conditions on any lending. "Tata Steel remains in ongoing and constructive talks with the UK Government on areas of potential support," Tata Steel said in an emailed statement. The UK Treasury said it would not comment on individual companies. Tata Motors did not immediately respond to request for comment. Related Video: Earnings/Financials Government/Legal Jaguar Land Rover

Driving JLR Classic's factory-restored Jaguar Reborn E-Type

COVENTRY, England – Moviegoers of a certain age will likely draw an association between the flag-emblazoned E-type “Shaguar” driven by Austin Powers and the carÂ’s image as an icon of Swinging-Sixties cool. For sure, the Brits cling to this era, recalling a time when everyone from The Beatles to the nationÂ’s car manufacturers were successfully exporting English swagger to the world. As the 60th anniversary of the E-typeÂ’s first appearance in 1961 approaches, attention is again focused on this golden age for British automotive engineering and JaguarÂ’s increasingly industrialized approach to leveraging its heritage. That takes the form of an impressive modern facility on the outskirts of the brandÂ’s hometown, where classic Land Rover, Range Rover and Jaguar vehicles are “Reborn” in nut-and-bolt factory restorations. This isnÂ’t a few old hands turning spanners in a dusty corner of the main factory — instead customers can go direct to Jaguar Land Rover Classic Works, order the Reborn vehicle of their dreams and sit patiently for the spectacular return on their considerable investment. In the case of the Reborn E-type driven here, that starts at around $400,000, though that figure can rise considerably if youÂ’re fussy about the vintage of the original car and want one based on a more sought-after early model. For the real fanboys Jaguar is even offering Drivsix matched pairs of restored E-type 60 Editions to celebrate the coupe and roadster that were famously driven direct from the factory to the Geneva unveiling just in time for Jaguar founder Sir William Lyons to reveal it to the world. That even Enzo Ferrari was moved to acknowledge its beauty adds to the romance of that moment, and explains why Jaguar is so keen to celebrate it. But can the Reborn E-type do justice to such myth and legend? And is factory original really preferable to the restomods built by independents like Eagle? Wheel time in a gorgeous Reborn 1965 4.2 Fixed-Head Coupe on an authentically grey and overcast English day is my chance to find out. The E-type may have earned EnzoÂ’s respect for its looks but, ever the wily engineer, he will likely have been paying closer scrutiny to what was under those slinky panels. Jaguar had demonstrated it could beat the worldÂ’s best in sports car racing with multiple Le Mans wins in the 1950s. As the new decade dawned, it looked to have ambitions to do the same in showrooms with a product that made MaranelloÂ’s finest seem like old tech.

2021 Jaguar F-Type Luggage Test | Get away, and look extremely good doing it

Just like the Porsche 911 I performed a luggage test on not too long ago, the 2021 Jaguar F-Type is not a luggage-hauling machine. It’s a sports-car-oriented grand tourer, and it also happens to be stonking fast with a supercharged V8 under the hood. Since the engine is in the front, that leaves the rear trunk for all the cargo coming onboard. Assuming you want to take your F-Type on vacations and longer journeys (you do), the respectably-sized boot will come in handy. Jaguar says the coupe (what weÂ’re testing) has 14.4 cubic feet of space, whereas the convertible just about cuts that space in half with only 7.3 cubes. From a numbers perspective, the Jag just edges out the 911 (13.8 cubic feet of space combined between the frunk and rear seat). However, weÂ’ve learned to never take those numbers at face value. I use different equipment than Riswick does in Portland: Two carry-on suitcases sized (24 inches long, 15.5 wide, 10 deep); one carry-on suitcase (21.7L x 13.7W x 9 D); one medium-size suitcase you have to check (24.5L x 16.8W x 11.5D) and one larger, full-size suitcase (33.8L x 21.5W x 13D). The second full-size suitcase didnÂ’t get the call up, because one look at the luggage compartment was all I needed to know that two of them werenÂ’t going in there. Getting into the luggage compartment is luxurious enough for a Jag. Use the button on the fob, a toggle switch on the interior, or press the button under the lid. ItÂ’s fully powered going up and down, so you can devote all of your bodyÂ’s energy to wrestling the car around corners. The space itself is rather shallow and hindered by a privacy cover that hangs low. YouÂ’ll need to remove that shade to take advantage of the entire space, but we started with it on to see what could fit under it. This F-Type is low, so even though you have to lift things over the rear bumper, itÂ’s not horribly strenuous. I initially slid two of the carry-on suitcases in. Those fit lying flat, but there wasnÂ’t much extra space. To take advantage of what was left, I squeezed in the fancy bag (22L x 8.8W x 12D). With the privacy shade intact, youÂ’re not going to fit any more suitcases than that due to height restrictions. A very shallow item could slide on top of the inboard suitcase, but it would have to be very short. Another configuration I tried showed that the medium suitcase and one carry-on could fit. Additionally, the full-size suitcase also fits if itÂ’s in there alone.