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Thieves stole $3.7 million worth of Jaguar Land Rover engines

This past Tuesday was not a good one for Jaguar Land Rover. According to British news source Birmingham Mail, just over $3.7 million worth of engines were stolen from the company's factory in Solihull, England. Reportedly, the thieves drove up to the facility in a stolen semi-truck, found a trailer full of engines, hooked it up, and drove off. The thieves did this twice in one night, with the same truck, and got the first trailer in just six minutes. Perhaps more shocking is that Birmingham Mail reports this is the second time a theft of this type has occurred at the facility. The previous time happened in almost exactly the same way, but the engines taken were valued at just over $1.2 million, and five people were convicted of the crime. Currently, local police are looking for the latest suspects and the engines. The trailers were found, but were empty. We got in touch with a Jaguar representative who provided us the company's official statement: "We can confirm that we are working closely with West Midlands Police to investigate the theft of engines from the Solihull manufacturing plant. A reward is on offer to anyone who has information which leads to the successful recovery of these engines. It would be inappropriate for us to make any further comment whilst this investigation is ongoing." This was the only statement he would provide, and didn't provide answers as to what engines were stolen and if there would be any impact on manufacturing or vehicle deliveries. But if you're in the UK, and you've got a tip, let the cops know. Related Video: Related Gallery 2017 Jaguar F-Pace View 46 Photos News Source: Birmingham Mail, JaguarImage Credit: Jaguar Plants/Manufacturing Weird Car News Jaguar Land Rover Luxury jaguar land rover

2022 Jaguar F-Pace Review | Brings some flash to a subdued segment

The 2022 Jaguar F-Pace is an aesthetically pleasing alternative to the regular crowd of compact luxury SUVs from Europe and Asia. It bears the leaper proudly on its tightly-wrapped and attractive bodywork, and there’s little to complain about on the interior, too. Jaguar offers a level of performance available for whatever fits your fancy, but this SUV would rather be a cruiser and backroad bruiser versus a Nurburgring-carver no matter the model you choose. Some of our usual Jaguar Land Rover gripes have dissipated with the F-Pace recently, as itÂ’s now sporting a competent suite of tech to match its good looks. Plus, the new and complex inline-six engine is a real treat to use no matter the environment — it pulls hard when called upon, but has a smooth and luxurious side around town. We think itÂ’s the engine to get.  The F-Pace fits in nicely to this large group of luxury crossovers on sale today, offering an unmatched level of style and a good dose of substance to back it up. WeÂ’d still recommend a couple luxury SUVs before it, but the F-Pace is a more worthy alternative than itÂ’s ever been today.  Interior & Technology   |   Passenger & Cargo Space   |   Performance & Fuel Economy What it's like to drive   |   Pricing & Features   |   Crash Ratings & Safety Features WhatÂ’s new for 2022? There are no notable changes for the F-Pace in 2022 beyond a few optional items being made standard. Those include a power tailgate and privacy glass for the four- and six-cylinder models, and adaptive cruise control with lane-following assist for the SVR. The F-Pace received a makeover for the 2021 model year, and you can read more about that here. What are the F-Pace interior and in-car technology like? The F-PaceÂ’s interior just went through a big rethink last year that upgraded it into the realm of a top-shelf luxury cabin. It has an upscale look, uses excellent materials, and while it may struggle to find that balance between the inclusion of features and maintaining ease of use, nobody will criticize it for a lack of trying with technology. Per usual with Jaguar, the color and materials choices are vast, allowing you to find a combination that best fits your personality. The standard heated (front) seats are comfortable, and the interior as a whole measures up to its leading competitors out of Germany in the BMW X3 and Mercedes-Benz GLC-Class.

Jaguar Land Rover hands Tata the biggest loss in Indian corporate history

BENGALURU/NEW DELHI — Jaguar Land Rover's owner Tata Motors Ltd stunned markets by posting the biggest-ever quarterly loss in Indian corporate history of about $4 billion on slumping China sales, sending its shares crashing as much as 30 percent. Tata Motors also warned that the Jaguar Land Rover (JLR) unit, which brings in most of its revenue, would swing to an operating loss for the year versus an earlier projection it would break even, given weak sales at the luxury British carmaker. JLR's China retail sales were cut almost in half in the December quarter as overall demand in the world's biggest auto market contracted last year for the first time since the 1990s. The firm has also been buffeted by Brexit woes and weaker business for diesel cars that account for bulk of its sales in Europe. Tata Motors turned in a third-quarter loss of 269.93 billion rupees ($3.8 billion) on Thursday, more than half its current market capitalization of $6.1 billion, mostly due to a massive impairment at JLR. Analysts were expecting a profit. "We are now taking clear and decisive actions in JLR to step up its competitiveness, reduce costs and improve cash flows and make the business fit for the future," Chief Financial Officer PB Balaji told reporters on a conference call on Thursday. JLR has taken steps to address the slide in China sales by changing its strategy to focus on profits for dealers instead of sales and incentivising retail sales over wholesale, he said. "We are encouraged by continued demand for the refreshed Range Rover and Range Rover Sport," JLR Chief Commercial Officer Felix Brautigam said in a statement. "With deliveries of the new Evoque due to start later this quarter, we look forward to building momentum." But analysts expect JLR to struggle to generate profit with China's economy projected to slow further this year after growth eased to its weakest pace in almost three decades in 2018. JLR's overall retail sales in January plunged 11 percent. The dour numbers prompted Tata investors to make a beeline for the exits as markets opened on Friday, with shares of the company skidding to their lowest in nine years at one point. The stock was down about 20 percent by 0720 GMT near 150 rupees, on track for its sharpest drop since 2003. At least four brokerages cut their price target for Tata Motors shares after its quarterly loss. Analysts at Jefferies pegged the stock at 250 rupees, versus an earlier target of 300 rupees, citing weak performance at JLR.