JLR

Jaguar Land Rover reported a net loss of £310 million for the third quarter, underscoring the financial strain caused by rising costs, supply chain challenges, and uneven global demand. The luxury automaker faced pressure from higher input expenses, currency fluctuations, and persistent disruption in key markets. While retail sales showed pockets of resilience, profitability was eroded by operational headwinds and investment commitments tied to electrification and technology upgrades.

Jaguar Land Rover (JLR), Britain’s largest carmaker, has received a significant boost from the UK government after its operations were disrupted by a major cyber-attack earlier this year. The government has stepped in with a loan guarantee to support the company’s recovery and safeguard thousands of jobs within the nation’s automotive supply chain. The move underlines London’s commitment to protecting strategic industries from external shocks while reinforcing confidence in JLR’s long-term investment plans, particularly in electric vehicles and advanced manufacturing.

Jaguar Land Rover (JLR) has announced a significant price reduction across its vehicle lineup, with discounts reaching up to Rs 30.4 lakh, following a recent Goods and Services Tax (GST) rate cut. The move is aimed at passing on tax benefits directly to customers while boosting demand amid a competitive luxury automotive market. The revised pricing strategy spans multiple models and is expected to enhance affordability and stimulate sales.