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Tata Motors posts quarterly loss and warns of inflationary costs

BENGALURU — 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

2021 Jaguar F-Type R Exhaust Test | Music to a gearhead's ears

Against all odds, England has outmaneuvered America for the most savage and wicked-sounding V8 among the two countries. The 5.0-liter supercharged V8 in the Jaguar F-Type has sounded better than anything since it was popped into the R and SVR. Sorry Hellcats, Coyotes, and small blocks everywhere. Jaguar wins. Ford’s flat-plane crank Voodoo V8 in the GT350 and GT350R might be the only one that can compete on the same playing field. One drive in the 2021 Jaguar F-Type R will have you asking, how is this legal? The sheer level of noise coming out of those four very real chrome exhaust tips ensures every single head turns towards the Jaguar sports car if it hadnÂ’t already. In fact, itÂ’s so loud that we even struggled to record it authentically. You see, flooring it all but overwhelmed our microphone with the deafening roar. The key to hearing what the actual exhaust note sounds like is listening to it rev at a slower rate of speed. Then thereÂ’s the trouble of picking up its glorious overrun full of racecar-like yowls and crackling for days. No matter how you drive, youÂ’re guaranteed to be the most obnoxious individual around. Revving it up to around 3,500 rpm in first gear then releasing the throttle unloads a scary level of pops and crackles that echo throughout entire downtown blocks. ItÂ’s almost like Jaguar figured people would still want to make a stupid amount of noise even if theyÂ’re driving along slowly. This car has no chill. Pulling an upshift anywhere past 4,000 rpm prompts a chainsaw-like, ripping braaaaap that will scare small children and the easily-startled everywhere. It induces endless laughter and enjoyment for the driver behind the wheel. The cliche of "itÂ’ll bring out your inner child" perfectly applies to the F-Type R.  Americans can rest assured that theyÂ’re getting the most savage version of JaguarÂ’s exhaust, too. European F-Types have the required gasoline particulate filters that choke the noise, whereas U.S. cars donÂ’t. Sorry, Earth. If youÂ’ve done much reading on the 2021 F-Type already, youÂ’d know that this updated R actually gets the same engine as the previous generationÂ’s SVR. That means it has 575 horsepower and 516 pound-feet of torque. However, the exhaust on the new R is different from the old SVR in that itÂ’s slightly tamer. ItÂ’s difficult to fathom a wilder exhaust than the one fitted to this R, but it makes perfect sense to reserve the ultimate noise maker for the ultimate version of the F-Type.

Driving Jaguar's Continuation Lightweight E-Type

Something has happened to sports cars over the past 15-20 years. While reaching ever-higher levels of quantitative dominance the driving experience continues to become more sterile. Stability control, torque vectoring, variable electronic steering racks, lightning-quick dual-clutch automatic transmissions – all these make it easier to harness more power and drive faster than ever before. And yet too often it feels like something is missing. There is a growing divide between the capabilities of the modern performance car and the driver's sense of connection to the experience. In an era like the one we're in now, the Jaguar Lightweight E-Type hits you like a slap in the face. The story of the Lightweight E-Type goes back to 1963, when Jaguar set aside eighteen chassis numbers for a run of "Special GT E-Type" cars. These were factory-built racers with aluminum bodies, powered by the aluminum-block, 3.8-liter inline-six found in Jaguar's C- and D-Type LeMans racecars of the 1950s. Of the eighteen cars slated for production, only twelve were built and delivered to customers in 1964. For the next fifty years, those last six chassis numbers lay dormant, until their rediscovery a couple of years ago in a book in Jaguar's archives. In an era like the one we're in now, the Jaguar Lightweight E-Type hits you like a slap in the face. Jaguar Heritage, a section of Jaguar Land Rover's new Special Vehicle Operations (SVO) division, took on the task of researching the original Lightweight E-Types and developing the methods to create new ones. Every aspect of the continuation Lightweight E-Type, from the development of the tools and molds used to build the cars, to the hand-craftsmanship, reflects doing things the hard way. They may not build them like they used to, but with these six special E-Types, Jaguar comes awfuly close, if not better. Working alongside the design team, Jaguar Heritage made a CAD scan of one side of an original Lightweight E-Type body. That scan was flipped to create a full car's worth of measurements. That ensured greater symmetry and better fit than on the original Lightweight E-Types (which could see five to ten millimeter variance, left-to-right). The scan was also used to perfect the frame, while Jaguar looked through notes in its crash repair books to reverse-engineer the Lightweight E-Type's suspension. The team repurposed a lot of existing tooling for the continuation cars, and developed the rest from analysis of the CAD scan.