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Jaguar F-Pace SVR 575 Ultimate Edition is a V8-powered last hurrah for Australia

Jaguar F-Pace SVR 575 Ultimate Edition is a V8-powered last hurrah for Australia

Canberra Times10-06-2025
Jaguar Australia sold just 259 vehicles in the first five months of 2025, which is down 17 per cent on the same period in 2024 as it winds stock down, with the F-Pace accounting for more than half of its sales total (144) to remain its best-seller.
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Qantas: Alan Joyce breaks silence at Sydney aviation conference
Qantas: Alan Joyce breaks silence at Sydney aviation conference

Herald Sun

time6 days ago

  • Herald Sun

Qantas: Alan Joyce breaks silence at Sydney aviation conference

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New Jaguar CEO insists controversial rebirth will happen amid falling profits
New Jaguar CEO insists controversial rebirth will happen amid falling profits

The Advertiser

time12-08-2025

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New Jaguar CEO insists controversial rebirth will happen amid falling profits

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During an investor call to discuss Tata Motors and JLR's financial results, Mr Balaji was asked about Jaguar's rebirth, which was brought back into the spotlight last week after criticism by US President Donald Trump. Mr Balaji said: "We have put our plans together, the cars are being revealed, they're getting exciting response from the customers on the ground. Therefore that's what the strategy is." CarExpert can save you thousands on a new car. Click here to get a great deal. As part of Jaguar's reimagining under former CEO Thierry Bollore, and outgoing CEO Adrian Mardell, the British marque will no longer compete with BMW, but will instead take on Bentley. It's hoped reduced volume will more than matched by increased profit margins. In December 2024 the company revealed its eye-catching new design language with the Type 00 concept, as well as a rebrand that, largely, ditches its familiar leaper logo for a modernist word mark. Aside from the F-Pace SUV, production of Jaguar models has stopped in anticipation of the brand's relaunch. Mr Balaji will take over as CEO of JLR in November when current CEO Adrian Mardell retires after 35 years at the firm, three of which he spent in charge. Mr Balaji has been JLR's chief financial officer since joining the firm in 2017. JLR saw its profit before tax and exceptional items fall to £351 million (A$724 million) during the April to June quarter, down 49.4 per cent from the same period last year. The automaker blamed foreign exchange rates, and reduced sales volume due to tariffs imposed by US President Donald Trump, which he raised to 27.5 per cent. The increased tariffs prompted the manufacturer to pause shipments to the US in April. Subsequent trade deals saw the tariff reduced to 10 per cent for the first 100,000 cars per year from the UK, and 15 per cent for all vehicles from the EU. Most of JLR's models are built in the UK, but the Defender is made in Slovakia. MORE: Everything Jaguar Content originally sourced from:

New Jaguar CEO insists controversial rebirth will happen amid falling profits
New Jaguar CEO insists controversial rebirth will happen amid falling profits

7NEWS

time11-08-2025

  • 7NEWS

New Jaguar CEO insists controversial rebirth will happen amid falling profits

Incoming Jaguar Land Rover (JLR) CEO PB Balaji has stated the radical new direction of Jaguar will continue as planned, even as the automaker saw a dramatic fall in profits due to the tariff uncertainty in the US. During an investor call to discuss Tata Motors and JLR's financial results, Mr Balaji was asked about Jaguar's rebirth, which was brought back into the spotlight last week after criticism by US President Donald Trump. Mr Balaji said: 'We have put our plans together, the cars are being revealed, they're getting exciting response from the customers on the ground. Therefore that's what the strategy is.' CarExpert can save you thousands on a new car. Click here to get a great deal. As part of Jaguar's reimagining under former CEO Thierry Bollore, and current CEO Adrian Mardell, the British marque will no longer compete with BMW, but will instead take on Bentley. It's hoped reduced volume will more than matched by increased profit margins. In December 2024 the company revealed its eye-catching new design language with the Type 00 concept, as well as a rebrand that, largely, ditches its familiar leaper logo for a modernist word mark. Aside from the F-Pace SUV, production of Jaguar models has stopped in anticipation of the brand's relaunch. Mr Balaji will take over as CEO of JLR in November when current CEO Adrian Mardell retires after 35 years at the firm, three of which he spent in charge. Mr Balaji has been JLR's chief financial officer since joining the firm in 2017. JLR saw its profit before tax and exceptional items fall to £351 million during the April to June quarter, down 49.4 per cent from the same period last year. The automaker blamed foreign exchange rates, and reduced sales volume due to tariffs imposed by US President Donald Trump, which he raised to 27.5 per cent. The increased tariffs prompted the manufacturer to pause shipments to the US in April. Subsequent trade deals saw the tariff reduced to 10 per cent for the first 100,000 cars per year from the UK, and 15 per cent for all vehicles from the EU. Most of JLR's models are built in the UK, but the Defender is made in Slovakia.

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