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 automaker 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 (including Range Rover) marques. Both marques have long and complex histories prior to their merger, going back to the 1940s, first coming together in 1968 as part of the ill-fated British Leyland conglomerate; and later existed independently of each other as subsidiaries of BMW (in the case of Land Rover), and Ford Motor Company (in the case of Jaguar); Ford later acquired Land Rover from BMW in 2000 following the break-up of the former Rover Group; which was effectively the remainder of British Leyland.
Jaguar Land Rover has been a wholly owned subsidiary of Tata Motors since 2008, when the latter acquired it from Ford. It sold a total of 462,678 vehicles during 2014, comprising 381,108 Land Rover vehicles and 81,570 Jaguar vehicles.
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History
Both businesses having previously been part of British Leyland for parts of their histories, Jaguar Cars and Land Rover were eventually reunited as a single entity 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 and logos 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, and also brought Jaguar into the same stable as Rover/Land Rover more than 15 years after it was spun out from the former British Leyland in 1984.
In 2008, the Jaguar Land Rover company was established when Tata Motors acquired the Jaguar and Land Rover businesses from 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 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.
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 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.
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Corporate affairs
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:
- Jaguar Land Rover Holdings Limited
- Jaguar Land Rover Limited (designs, manufactures and sells Jaguar and Land Rover vehicles)
Board of directors
Financial data
Operations
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:
- Gaydon, Warwickshire - an engineering and development facility
- Whitley, Coventry - an engineering and development site and headquarters of Jaguar Land Rover
- Warwick Manufacturing Group, University of Warwick, Coventry - advanced research and development
Vehicle Assembly plants:
- Castle Bromwich Assembly, Birmingham, UK
- Jaguar XE, Jaguar XF, Jaguar XJ, Jaguar F-Type
- Halewood Body & Assembly, Halewood, UK
- Land Rover Discovery Sport, Range Rover Evoque
- Solihull plant, Solihull, UK
- Range Rover, Range Rover Sport, Range Rover Velar, Land Rover Discovery, Jaguar F-Pace
- Pune, India
- Jaguar XF, Jaguar XJ, Range Rover Evoque - assembly of complete knock-down kits only
- Chery Jaguar Land Rover, Changsu, China
- Range Rover Evoque, Land Rover Discovery Sport, Jaguar XE, Jaguar XF
- JLR Brazil, Itatiaia, Brazil
- Range Rover Evoque
Engine Assembly Plants
- Engine Manufacturing Centre, Wolverhampton, UK
- Chery Jaguar Land Rover, Changsu, China
Planned facilities:
- JLR Slovakia, Nitra, Slovakia (production planned to start in 2018)
Co-operations:
- Magna Steyr, Graz, Austria
- Jaguar E-Pace
Products
Jaguar Land Rover currently sells vehicles under the Jaguar and Land Rover marques. It 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.
Current Jaguar products
- Jaguar XE (compact executive car)
- Jaguar XF (executive car) & (estate)
- Jaguar XJ (luxury car)
- Jaguar F-Type (sports car)
- Jaguar E-Pace (compact SUV)
- Jaguar F-Pace (mid-size SUV)
Current Land Rover products
- Land Rover Discovery Sport (compact SUV)
- Land Rover Discovery (mid-size SUV)
- Range Rover Evoque (compact SUV)
- Range Rover Velar (mid-size SUV)
- Range Rover Sport (mid-size SUV)
- Range Rover (full-size SUV)
Sales
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.
Source of the article : Wikipedia
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