| Type | Public limited company |
|---|---|
| Industry | Automotive |
| Founded | 2008 |
| Headquarters | Gaydon, United Kingdom |
| Key people | Ratan Tata (Chairman) Dr Ralf Speth (CEO) |
| Products | Cars |
| Revenue | £9.9 billion (2010/11)[1] |
| Operating income | £1.5 billion (2010/11)[1] |
| Net income | £1.115 billion (2010/11)[1] |
| Employees | 17,000 (2011)[2] |
| Parent | Tata Motors |
| Subsidiaries | Jaguar Cars Land Rover |
| Website | www.jaguarlandrover.com |
Jaguar Land Rover (informally JLR) is a British automotive company owned by Tata Motors of India.[3] It develops, manufactures and sells vehicles under the Jaguar and Land Rover marques.
Contents |
The Jaguar Cars and Land Rover businesses were brought together as a single entity by Ford Motor Company in 2002.[4] Ford had acquired Jaguar Cars in 1989 and Land Rover from BMW in 2000.[5][6]
In 2008 the Jaguar Land Rover company was established when Tata Motors acquired the Jaguar and Land Rover businesses from Ford.[7]
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.[8][2] 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.[9][10] 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.[11][12]
Jaguar Land Rover currently sells vehicles under the Jaguar and Land Rover marques. It also owns the rights to the currently 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.
Jaguar Land Rover operates five principal manufacturing and R&D facilities:
In the year ended 31 March 2011, Jaguar Land Rover sold a total of 240,905 units, of which 189,087 were Land Rovers and 51,818 were Jaguars.[1] In that period 24.1% of sales were in the United Kingdom, 22% in Europe (ex. the United Kingdom and Russia), 20.9% in North America, 12% in China, 4.9% in Russia and 15.9% in the rest of the world.[1]
|
|||||||||||||||||||||||||||||||||||||||