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Jaguar Land Rover is mulling now

Wednesday, July 29, 2009

Tatas-owned Jaguar Land Rover is mulling over building all its future cars with light weight aluminium bodies for reducing input costs as the two British marquees are trying hard to come out of the more than Rs 1,700 crore loss in 2008-09. The two iconic brands are also developing hybrid engines for use in future models of JLR.

“JLR is planning to have all its future cars constructed with light weight aluminium bodies resulting in considerable savings in weight, and reduction in CO2 emissions,” Tata Motors Chairman Ratan Tata said in its Annual Report for 2008-09.

Two British marquees had made a loss of over Rs 1,777.35 crore (before interest, exceptional items and tax) in 2008-09 due to global meltdown, while the income from JLR sales stood at Rs 39,270.70 crore. It had laid off over 2,200 staff.

Tata said the sales of Jaguar and Land Rover declined by 20 per cent and 51 per cent respectively during the October-March period of the last financial year.

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14 Responses to “Jaguar Land Rover is mulling now”

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