Adrian Mardell News

JLR India on Monday reported its best-ever Q1 sales performance with a growth of 102 per cent, retailing a total of 1048 units, in the first quarter of FY24 compared to the same period last year. The company in a statement attributed this growth to a rise of about 209% in Range Rover, Range Rover Sport and Defender sales. The three models contribute to 78% of the current order book and the order book for Q1 FY24 grew by 88% as compared to the same period last year. “This (highest ever Q1 sales) performance is testament to the exceptional equity of the JLR brands and our class-leading collection of modern luxury vehicles. Backed by the growing demand among our discerning clients, our order book remains strong and growing, and we are excited and confident of our India story ahead,” said Rajan Amba, Managing Director, JLR India. The JLR-certified pre-owned business grew by 137 per cent in the first quarter of FY24, again, reflecting the growing demand and the equity of JLR brands in India, said company’s statement. The company is looking forward to its new launch, starting with Range Rover Velar – bookings for which have recently commenced.

Subscribe to enjoy similar stories. NEW DELHI : The tenure of Jaguar Land Rover’s (JLR) new chief executive P.B. Balaji, has begun with twin crises of dealing with the exit of chief creative officer Gerry McGovern and the loss of business due to the halt in production in September and October owing to the cyberattack.

Jaguar on Monday revealed its electric Type 00 concept car during Miami Art Week, showcasing the company's new design and electric vehicle strategy. The concept, a part of its newly rebranded identity, was released days after billionaire Elon Musk mocked its previous ad for being 'woke'. Last month, the company released a 30-second spot showing diverse models and bright colors. The advertisement was panned by several who said it was «woke» including Tesla and X CEO Elon Musk mocked the ad saying, “Do you sell cars?" The luxury British carmaker has filled in some of the blanks by revealing a concept car. The Type 00, named to represent zero emissions and its position as the first of a new generation, features a long hood, curved roofline, and boat-tail rear. This design was made possible by Jaguar's new electric platform called JEA. The company also confirmed plans for a new four-door GT car, set to release in late 2025. This production model is projected to have a range of up to 478 miles (770km) and fast-charging capability.

InfosysInfosys has trimmed its revenue guidance for FY24 on weak global macro environment. The company now sees its revenue growing at just 1-3.5% in constant currency terms.Indiamart IntermeshIndiaMart InterMesh's consolidated net profit jumped 78% to Rs 83 crore for the first quarter ended June.

Tata Motors, said on Thursday it appointed interim boss Adrian Mardell as chief executive officer for a three-year term. The carmaker also made acting Chief Financial Officer Richard Molyneux's role permanent.