Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited, a British multinational automotive company with its headquarters in Whitley, Coventry, United Kingdom, and a subsidiary of Indian automotive company Tata Motors. The principal activity of Jaguar Land Rover Limited is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover marques. Both marques have long and complex histories prior to their merger - Jaguar going back to the 1930s and Land Rover to the 1940s, first coming together in 1968 as part of the ill-fated British Leyland conglomerate; and later existed independently of each other, and latterly as subsidiaries of BMW (in the case of Land Rover), and Ford Motor Company (in the case of Jaguar). Ford later also acquired Land Rover from BMW in 2000 following the break-up of the former Rover Group; which was effectively the remainder of the British Leyland car producing companies.
Jaguar Land Rover has been a subsidiary of Tata Motors since they founded it for the acquisition of Jaguar Cars Limited and Land Rover from Ford in 2008. On 1 January 2013 the operations of Jaguar Cars Limited and Land Rover were merged as Jaguar Land Rover Limited and the parent was renamed to Jaguar Land Rover Automotive PLC.
Both businesses having been part of British Leyland for parts of their histories until 1984, Jaguar Cars and Land Rover were eventually reunited into the same group again by the Ford Motor Company in 2002. Ford had acquired Jaguar Cars in 1989 and Land Rover from BMW in 2000. In 2006, Ford purchased the Rover brand name from BMW for around £6 million. This reunited the Rover and Land Rover brands for the first time since the Rover group was broken up by BMW in 2000.
On 18 January 2008, Tata Motors, a part of the Tata Group, established Jaguar Land Rover Limited as a British-registered, wholly owned subsidiary. The company was to be used as a holding company for the acquisition of the two businesses from Ford - Jaguar Cars Limited and Land Rover. That acquisition was completed on 2 June 2008. On 1 January 2013, the group, which had been operating as two separate companies (Jaguar Cars Limited and Land Rover), although on an integrated basis, underwent a fundamental restructuring. The parent company was renamed to Jaguar Land Rover Automotive PLC, Jaguar Cars Limited was renamed to Jaguar Land Rover Limited and the assets (excluding certain Chinese interests) of Land Rover were transferred to it. The consequence was that Jaguar Land Rover Limited became responsible in the UK for the design, manufacture and marketing of both Jaguar and Land Rover products.
In addition to the Jaguar and Land Rover marques, JLR also owns the rights to the dormant Daimler, Lanchester and Rover marques. The latter was acquired by Land Rover, whilst still under Ford ownership, from BMW in the aftermath of the collapse of MG Rover Group, BMW having retained ownership of the marque when it broke up Rover Group in 2000, licensing it to MG Rover as a condition of the sale of Land Rover to Ford.
In March 2011, Jaguar Land Rover announced that it would be hiring an additional 1,500 staff at its Halewood plant, and signed over £2 billion of supply contracts with UK-based companies, to enable production of its new Range Rover Evoque model. In September 2011, the company confirmed that it would be investing £355 million in the construction of a new engine plant at the i54 business park near Wolverhampton, central England, to manufacture a family of four-cylinder petrol and diesel engines. In November 2011 Jaguar Land Rover announced that it would be creating 1,000 new jobs at its Solihull plant, a 25 per cent increase in the size of the workforce at the site.
In March 2012, Jaguar Land Rover announced the creation of 1,000 new jobs at its Halewood plant, and a shift to 24-hour production at the plant. In the same month, Jaguar Land Rover and the China-based carmaker Chery agreed to invest an initial US$2.78 billion in a new joint venture the activities of which will include the manufacture of Jaguar and Land Rover vehicles and engines, the establishment of a research and development facility, the creation of a new automobile marque, and sales of vehicles produced by the company. Jaguar Land Rover plans to create 4,500 manufacturing and engineering jobs in the UK over the next five years.
In late 2012, the automaker announced a joint venture for Jaguars and Land Rovers to be built in China, now the world's biggest car-market. The agreement is with Chery, China's sixth largest auto manufacturer, and calls for a new Chinese factory in Changshu to build vehicles starting in 2014. Trial production at the facility began in April 2014, with a potential capacity of 130,000 vehicles annually. The first production model by the Chery Jaguar Land Rover venture is the Evoque, with other models planned that also include modifications, such as longer wheelbases, to satisfy Chinese market demand.
In September 2013, Jaguar Land Rover announced an additional 1,700 jobs and £1.5 billion investment at its facility in Solihull. The money will be spent on designing systems to allow the chassis of future models to be made out of aluminium. The first of these models will be a new mid-sized sports saloon car to be introduced in 2015.
In September 2013 Jaguar Land Rover announced plans to open a 100 million GBP (160 million USD) research and development centre in the University of Warwick, Coventry to create a new generation of vehicle technologies. The carmaker said around 1,000 academics and engineers would work there and that construction would start in 2014.
Under its chief executive, Dr Ralf Speth, JLR has increased its investment in R&D significantly. In 2013, according to Speth, it invested £3 billion in "product creation" and now claims to be the "biggest R&D investor in the UK in the automotive business".
In September 2013, Jaguar Land Rover announced plans to establish a new research and development centre in the UK. The National Automotive Innovation Campus will be based at the University of Warwick in Coventry. Jaguar Land Rover will invest £50 million in the facility with additional funding from Tata Motors, the University and the UK government.
In 2017 a plant for Ingenium engine production was added to the Chery Jaguar Land Rover facility in China.
Jaguar Land Rover Automotive is a public limited company incorporated under the laws of England and Wales (Company No. 06477691). The immediate parent of Jaguar Land Rover Automotive PLC is TML Holdings Pte. Ltd., Singapore and the ultimate parent undertaking and controlling party is Tata Motors Limited of India. The Chairman of Tata Group, Ratan Tata, was the chairman and a director of Jaguar Land Rover Automotive PLC from 2008 to December 2012.
Jaguar Land Rover Automotive PLC's principal active subsidiaries are:
|Andrew M. Robb||Director||2009|
|Dr. Ralf D. Speth||Chief executive officer and director||2010|
|Year ending||Turnover (£m)||EBITDA (£m)||Net income / (loss) before tax (£m)|
|23 MAY 2017||24,300||1600|
|31 March 2015||21,866||4,132||2,614|
|31 March 2014||19,386||3,393||2,501|
|31 March 2013||15,785||2,402||1,674|
|31 March 2012||13,512||2,027||1,479|
|31 March 2011||9,870.7||1,501.7||1,115|
|31 March 2010||6,527.2||349.1||51.4|
|31 March 2009||4,949.5||(83.9)||(375.7)|
Jaguar Land Rover currently has six main facilities for R&D, manufacturing and vehicle assembly, of which five are in the UK and one in India. Jaguar Land Rover invested a total of £1,411 million in research and development in the year ended 31 March 2015.
Jaguar Land Rover has three research and development facilities in the UK:
Engine Assembly Plants
Jaguar Land Rover currently sells vehicles under the Jaguar and Land Rover marques.
In September 2017, Jaguar Land Rover announced that all new Jaguar and Land Rover models launched from the 2020 model year will have an all-electric or hybrid powertrain option.
In October 2017, JLR announced that their electrification programme will start with the Range Rover Sport P400e for the 2018 model year, a plug-in hybrid model due in the showrooms in late 2017. and be followed by the launch of a plug-in hybrid Range Rover due in 2018 for the 2019 model year,
In the year ended 31 March 2013, Jaguar Land Rover sold a total of 374,636 units, of which 316,043 were Land Rovers and 58,593 were Jaguars. In that period 21.6% of sales were in Europe (excluding the United Kingdom and Russia), 20.6% in China, 19.3% in the United Kingdom, 16.8% in the United States, 4.8% in Asia Pacific (excluding China) and 16.9% in the rest of the world. In 2015, Jaguar Land Rover became the biggest car manufacturer in UK, producing 489,923 cars and overtaking Nissan, the previous leader.
In January 2014, the Wall Street Journal reported that Jaguar Land Rover, sold a record 425,006 vehicles in 2013 as demand for its luxury vehicles increased in all major markets including in China, North America and Europe.
It sold a total of 604,009 vehicles during 2017, comprising 431,161 Land Rover vehicles and 172,848 Jaguar vehicles.
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