2012 Jaguar Xf Portfolio 5.0 V8 One Owner Navigation Premium Meridian Nav. on 2040-cars
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Tata Motors posts quarterly loss and warns of inflationary costs
Mon, Jan 31 2022BENGALURU — 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
Jaguar recalling XK Convertible and XF 2.0T sedan for unrelated issues
Fri, 16 Aug 2013Jaguar has announced that it will be recalling 1,989 XK Convertibles produced between October 1, 2010 and August 1, 2013. Model years ranging from 2011 to 2014 are part of the recall.
The issue has to do with one of the switches the switch that controls the opening and closing of the convertible top. The switch also has to do with the operation of the power windows. According to the Feds, the switch doesn't move down to close the power windows, meaning that the window could accidentally close on the finger or arm of an inattentive person.
In related news, Jaguar is also recalling 940 2013 XF sedans powered by the 2.0-liter turbocharged four-cylinder engine for a hose that can detach underhood, which could cause the engine to stall or could leave the driver without power steering or brakes.
Watch the Jaguar F-Pace set a Guinness World Record for looping
Mon, Sep 14 2015On a chilly gray night in Germany, Jaguar officially leapt into the crossover segment. But it also reminded everyone its brand of grocery-getter will be anything but conventional. The 2017 F-Pace, which will launch next spring in the United States, debuted Monday evening at a glitzy event before the Frankfurt Motor Show. Rather than simply tear the cover off the car (you can watch that below), Jaguar sent a specially-prepped F-Pace blasting up a 63-foot-tall loop, setting a Guinness World Record in the process. Driven by British stunt driver Terry Grant, Jaguar said the F-Pace stood up against 6.5 Gs of gravity during the display. The stunt was meant to illustrate the F-Pace's poise, agility, and athletic nature. In fact, Jaguar is calling the vehicle the "ultimate practical sports car," instead of dwelling on the fact it's an SUV. Based on Jaguar's lightweight aluminum architecture, the F-Pace will arrive in America next year with two V6 engines rated at 340 horsepower or 380 hp. A new 2.0-liter diesel engine will join the lineup next fall, and serve as the entry-level model. It starts at $41,985. Related Video: