Indian multinational vehicle maker, part of the Tata Group
Chandrasekaran has stepped down from Tata Sons, citing unresolved board approval for a five-year extension. The move comes as Tata Trusts press for disciplined capital allocation amid losses in Air India, Tata Digital and Tata Electronics, and as investors respond to leadership uncertainty across the Tata Group.
Jaguar Land Rover’s revenues have fallen by 9.6% to £6 billion for the quarter to June 30, as production disruptions and a pivot from petrol/diesel to electric models weigh on sales. The group is pushing four new electric models while navigating a fire-related disruption and a wind-down of several Jaguar variants.
Jaguar Land Rover has unveiled the Type 01, an all‑electric Grand Tourer, in New York, marking a pivot to a fully EV lineup. The car promises 3.2‑second acceleration, up to 450 miles of range, and starts at around $130,000 in the U.S. The launch follows recent backlash to Jaguar’s woke rebrand and ongoing cyberattack fallout.