Jaguar Land Rover will trim $6.8 billion from its expenses by 2020, in part, because of slowing auto sales in China, Reuters reported.
The automaker will consolidate models to common lines, overhaul its supply chain and build 1 million cars by 2020, according to sources familiar with the plan.
The plan, which is called Leap 4.5 (presumably because the plan cuts £4.5 billion), will also help the automaker afford increasingly difficult emissions standards.
My childhood was a bit different than most kids. My mother informed me that when I was 4 years old I didn’t know a cow from a sheep, but I knew the make and model of just about every car on the road.
For that, she was pissed at my father, who would read car magazines to me — not children’s books. It was his insistence to watch things like Camel Trophy and Formula 1 races, and not a soccer games, that has sculpted me into the car nut I am today.
And it was his influence and experience that led me to believe that a certain brand makes the best four-wheel drive, by far.
The head of Jaguar Land Rover’s operations in the U.S. said the automaker will stick with its plans to rollout diesel engines for its cars, including the Jaguar F-Pace next year.
Automotive News reported that CEO Joe Eberhardt said at a Detroit luncheon the automaker was “very confident” in the technology for its diesel cars.
“We are convinced of the benefits of diesels from a fuel economy and from an all-wheel drivability perspective, and that hasn’t changed,” Eberhardt said, according to Automotive News. (Read More…)
More and more automakers are looking at exotic locales to produce their wares (us Canadians can consider Mexico exotic thanks to its ice-free beaches) as they expand their brands and explore in-roads to untapped markets.
For Jeep, that means investing in a shared money-printing press with an unlikely partner: Tata, the parent company of Land Rover. FCA will put $280 million USD into joint venture Fiat India Automobiles Private Limited which, since 2007, has solely produced Fiat models.
As many of you know, I drive a Range Rover, which is a giant, gas-slurping SUV that simultaneously kills babies and harms small animals. This is a horrible vehicle, according to the majority of people I meet, and because of it, I’m always being judged for having more car than I “need.” It is, after all, overkill.
“When I see a Range Rover on the street, my blood boils, because we should be able to do a thing like that,” quoth the great Sergio, “And we will.” Say what you like about the leadership Chrysler has had since the days of the AMC/Renault Alliance, but with this comment about the need for a grander Cherokee, if you will, the maximum leader of FCA has shown that he understands the Jeep brand, and its role in America, less than any of his predecessors.
Our European correspondent, Vojtěch Dobeš, is at the 34th Annual GTI Meeting in Worthersee this week. Hopefully he will have some interesting stories to share if he isn’t too distracted by Austria’s fräuleins.
Here’s your news from overnight.
Looking south of the A4 in Audi’s current range of motors, the hottest vehicle in its North American lineup is the current S3. Those of us west of the Atlantic don’t get to enjoy the turbocharged five-pot RS3 Sportback. Thankfully, Theophilus Chin is on the scene to digitally imagine our Ingolstadt desires with this compromise – the RS3 sedan.
Land Rover USA reported more than 1000 Range Rover sales in each of the last six months and in eight of the last nine months. Year-over-year volume has now increased in four consecutive months as well as in seven of the last eight months.
But it was the month of March in particular that drew special attention to U.S. sales performance of one of the world’s best known high-end SUVs.
Land Rover reported 1996 Range Rover sales in America in March 2015, a 151%, 1202-unit year-over-year increase. (Read More…)
Though Bentley and Rolls-Royce are adding ultra-luxury SUVs to their collections, Jaguar Land Rover has no plans to put one above Range Rover.