Car giant Jaguar Land Rover (JLR) has submitted plans to expand its Wolverhampton site on the i54 Business Park. The proposed development is part of the manufacturer's recent announcement to ramp up electric production and be "carbon net zero across supply chains,

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Jaguar Land Rover Automotive, the British arm of Tata Motors Ltd, is planning to raise $500 million through an offshore loan, according to a company statement, joining a flurry of dollar debt deals from Indian conglomerates.

Jaguar Land Rover reported a drop in quarterly profit as the maker of luxury sport utility vehicles braces for potential tariffs in the US, its largest market.

Automotive giant Jaguar Land Rover has posted a pre-tax profit of £523m for the final three months of 2024, down from the £627m it reported during the same period in 2023

The firm expects to more than double its bespoke paint operation through new sites in Castle Bromwich and Nitra.

JLR’s profits dipped 17% despite setting a record quarterly revenue of £7.5bn, plus updates on its first all-electric Range Rover due for launch this year.

The luxury vehicle maker, whose parent company is Indian conglomerate Tata, said its revenue increased by 2 per cent in the three months ending December, against the same period last year.