2003 Jaguar S-type In Good Condition on 2040-cars

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Jaguar Land Rover posts profitable quarter amidst big yearly losses

Jaguar has posted its first profit in quite some time, as the financial quarter ending on March 31 brought in a net income of $151.6 million. However, that is the light in the end of the tunnel, as full year results through March showed a $4.58 billion loss (GBP3.6 billion). The losses are again attributable to declining sales in China, with a whiff of the still-lingering Brexit process. While JLR's annual U.S. sales were up 8.1 percent, and U.K. sales improved by 8.4%, overall sales came down 5.8% to 578,915 vehicles. For April, Chinese sales nearly halved as they dropped by 46 percent. Earlier this year, JLR's woes caused its owner Tata Motors to post the biggest ever quarterly loss in Indian corporate history, at nearly $4 billion. JLR's CEO Ralf Speth stated that the company is "reducing complexity" and transforming its business by cost savings and cash flow improvements, citing the fourth-quarter profits as an example of the ongoing turnaround. Speth said JLR has already managed to deliver $1.59 billion (GBP1.25 billion) of efficiencies and savings. JLR says its turnaround program, dubbed Charge, will drive it to at least $3.18 billion (GBP2.5 billion) of investment, working capital and profit improvements by March 2020, and that it currently has $4.84 billion (GBP3.8 billion) of cash. Speth continued that JLR will "go forward as a transformed company that's leaner and fitter," and that the sustained investment in new products and technologies will drive future demand. There has been earlier speculation of Tata Motors selling JLR to the PSA Group, but as Autocar reports, Tata's financial chief again refuted these rumors. JLR also announced today that its CFO of 11 years, Ken Gregor is stepping down after 22 years with the company, and that he will be succeeded by JLR's Chief Transformation Officer, Adrian Mardell.

2016 Jaguar F-Type prowls the floor with new manual and AWD options

The Jaguar F-Type has become an instant enthusiast favorite for its alluring design, powerful, sonorous engines and rewarding handling. In short, it's a worthy successor to the iconic mid-century E-Type. But Jaguar hasn't been sitting idly, and it's continuing to refine and enhance the F-Type with subtle yet significant enhancements, including a bunch that are debuting this week at the Los Angeles Auto Show. The 2016 model year brings with it all-wheel drive, which will be standard on 550-horsepower F-Type R models. AWD will be optional on mid-level F-Type S models, which run the 380-hp V6. The system sends all of the supercharged engine's torque to the rear axle in default mode, but it can also be split with up to 50 percent going to the front axle when needed. Jaguar has even added subtle visual differentiators to the the AWD models, fitting them with body-colored sills and a new hood design. The penalty? the AWD system adds about 176 pounds to the curb weight. The F-Type also gets an available six-speed manual transmission for 2016 on V6 variants with rear-wheel drive. While obviously adding a more interactive driving character, the close-ratio manual is about 22 pounds lighter than the automatic gearbox. Jaguar has also given all F-Type models electric power steering, using a stiffer steering shaft to maintain the hydraulic setup's connected feel with the road. The 2016 models will be available in the spring, and pricing will be announced closer to launch. 2016 F-TYPE Gains All Wheel Drive and Manual Transmission Options – The 2016 model year Jaguar F-TYPE sports car receives new powertrain and driveline options – A six-speed manual transmission option will be available in rear-wheel drive V6 models – Instinctive All Wheel Drive® (AWD) extends the performance and dynamic capability of the F-TYPE – The 550hp F-TYPE R is now available in both Coupe or Convertible – All F-Type R models receive AWD as standard equipment, enabling 0-60 mph in 3.9 seconds.

Land Rover wins legal battle over Evoque clone Land Wind X7

Luxury carmaker Jaguar Land Rover, part of Tata Motors Ltd, said it won a case in China against local rival Jiangling Motors Corp for making cars that copy features of Range Rover Evoque. Beijing Chaoyang District Court said on Friday that Evoque, whose latest model was launched in 2018, had five unique features that were copied directly in the Land Wind X7 built by Jiangling Motors, leading to widespread consumer confusion. The court ruled that all sales, manufacturing and marketing of the Land Wind X7 must stop immediately and Jaguar Land Rover be paid compensation. The two sports utility vehicles have a similar shape, with the roof and windows tapering from front to back, and near-identical tail lights and character lines on the side panelling. Britain's biggest carmaker had sued Jiangling in a rare move in 2016. Despite widespread and often blatant copying, global automakers generally don't take legal action in China as they feel the odds of winning against local firms are low. Also, a lawsuit can be bad for branding if the Chinese public think a foreign company is bullying domestic competitors. The new Range Rover Evoque will be launched in China in April 2019. Jiangling could not be immediately reached for comment.