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Tata Motors faces no production impact of rare earth magnet crisis, Q1 FY26 profit tanks 63%: CFO PB Balaji
Tata Motors faces no production impact of rare earth magnet crisis, Q1 FY26 profit tanks 63%: CFO PB Balaji

Hindustan Times

time3 days ago

  • Automotive
  • Hindustan Times

Tata Motors faces no production impact of rare earth magnet crisis, Q1 FY26 profit tanks 63%: CFO PB Balaji

Tata Motors and Jaguar Land Rover 's production faces no disruption owing to the rare earth magnet crisis. The electric vehicle production of Tata Motors and JLR is unlikely to be affected in the foreseeable future due to the shortage of rare earth magnets, believes Tata Motors Group CFO P B Balaji. However, there are a few challenges in the coming quarters, he said. During the Tata Motors' earnings call, Balaji said that the company's teams are working to sort out the problem, and the company is continuing to de-risk itself and is confident of de-risking itself completely. "Absolutely no impact on production so far, as far as rare earth is concerned, nothing in the foreseeable future," Balaji asserted when asked if the automaker faced any production impact due to the shortage of rare earth magnets. He further said that the semiconductor crisis has given the brand enough learning and abilities to actually manage challenges of this sort. "So at this point in time, we do not see stress in the domestic business as well as JLR and a lot of interventions put in place to ensure that we keep this pace," he added. Also check these Cars Find more Cars Tata Tiago 1199 cc 1199 cc Multiple Multiple ₹ 5 Lakhs Compare View Offers UPCOMING Jaguar Epace 1999 cc 1999 cc Diesel Diesel ₹ 50 - 60 Lakhs Alert Me When Launched Land Rover Discovery Sport 1997 cc 1997 cc Multiple Multiple ₹ 67.90 Lakhs Compare View Offers Tata Tiago NRG 1199 cc 1199 cc Multiple Multiple ₹ 7.20 Lakhs Compare View Offers Renault Triber 999 cc 999 cc Petrol Petrol ₹ 6.30 Lakhs Compare View Offers Maruti Suzuki Ignis 1197.0 cc 1197.0 cc Petrol Petrol ₹ 5.85 Lakhs Compare View Offers He further said that the company does not see any issue in the next quarter. However, Balaji said that there are a few challenges in the coming quarters, but that's something the company will sort out. "Teams are working through the problems as we speak. We feel confident that we will be able to manage it. Currently, we are not having any issues," said the Tata official. Tata Motors' Q1 FY26 net profit falls 63% on JLR slump, US tariff pain Tata Motors Ltd. has reported a 63 per cent drop in its net profit in the first quarter of this financial year. The parent of Jaguar Land Rover recorded the lower-than-expected quarterly profit owing to softer demand and US trade tariffs. While the softening demand impacted the company's domestic sales, tariff challenges impacted the global businesses. The company revealed that its net profit tanked to ₹39.2 billion, compared with the same period last year. It fell short of the average profit estimate of ₹40.55 billion based on a Bloomberg survey of analysts. Tata Motors, in its official statement, said that the US levies had a direct and material impact on profitability and cash flow in the period. 'The US-UK trade deal will significantly reduce the financial impact of US tariffs going forward," it said. JLR, which typically contributes about two-thirds of the overall revenue, paused shipments to the US for nearly a month in April in response to the US President Donald Trump's import tariffs. North America is the most important overseas market for the British luxury marque, which sold nearly 100,000 units in the year to March 2024, according to its latest annual report. Tata's revenue also suffered from sluggish demand in India for cars and commercial vehicles, which has also weighed down sales at rival automakers, including Hyundai and Maruti Suzuki's local business, which includes commercial and passenger vehicles, recorded sales of ₹156.8 billion, down 7% from last year. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:

Land Rover Discovery Sport, Range Rover Evoque recalled
Land Rover Discovery Sport, Range Rover Evoque recalled

7NEWS

time5 days ago

  • Automotive
  • 7NEWS

Land Rover Discovery Sport, Range Rover Evoque recalled

JLR Australia is recalling more than 300 examples of its plug-in hybrid Land Rover Discovery Sport and Range Rover Evoque as they may lose power unexpectedly. 'Due to a software issue, the high voltage battery may discharge when driving in EV mode. As a result, the vehicle may experience a loss of motive power whilst driving and an inability to restart the engine,' the company says in its recall notice. 'A sudden loss of motive power whilst driving increases the risk of an accident, causing serious injury or death to vehicle occupants and other road users.' CarExpert can save you thousands on a new car. Click here to get a great deal. A total of 322 vehicles are affected, produced between 2021 and 2025 The Vehicle Identification Number (VIN) list is attached here The original recall notice is attached here If you own an affected vehicle, you'll need to schedule an appointment with an authorised JLR dealership to have its software updated. If you have any further questions, you can contact JLR Australia on 1800 625 642.

Land Rover Discovery Sport, Range Rover Evoque recalled
Land Rover Discovery Sport, Range Rover Evoque recalled

Perth Now

time5 days ago

  • Automotive
  • Perth Now

Land Rover Discovery Sport, Range Rover Evoque recalled

JLR Australia is recalling more than 300 examples of its plug-in hybrid Land Rover Discovery Sport and Range Rover Evoque as they may lose power unexpectedly. 'Due to a software issue, the high voltage battery may discharge when driving in EV mode. As a result, the vehicle may experience a loss of motive power whilst driving and an inability to restart the engine,' the company says in its recall notice. 'A sudden loss of motive power whilst driving increases the risk of an accident, causing serious injury or death to vehicle occupants and other road users.' CarExpert can save you thousands on a new car. Click here to get a great deal. Supplied Credit: CarExpert A total of 322 vehicles are affected, produced between 2021 and 2025 The Vehicle Identification Number (VIN) list is attached here The original recall notice is attached here If you own an affected vehicle, you'll need to schedule an appointment with an authorised JLR dealership to have its software updated. If you have any further questions, you can contact JLR Australia on 1800 625 642. MORE: Explore the Land Rover Discovery Sport showroom MORE: Explore the Range Rover Evoque showroom

Land Rover Discovery Sport, Range Rover Evoque recalled
Land Rover Discovery Sport, Range Rover Evoque recalled

The Advertiser

time5 days ago

  • Automotive
  • The Advertiser

Land Rover Discovery Sport, Range Rover Evoque recalled

JLR Australia is recalling more than 300 examples of its plug-in hybrid Land Rover Discovery Sport and Range Rover Evoque as they may lose power unexpectedly. "Due to a software issue, the high voltage battery may discharge when driving in EV mode. As a result, the vehicle may experience a loss of motive power whilst driving and an inability to restart the engine," the company says in its recall notice. "A sudden loss of motive power whilst driving increases the risk of an accident, causing serious injury or death to vehicle occupants and other road users." CarExpert can save you thousands on a new car. Click here to get a great deal. If you own an affected vehicle, you'll need to schedule an appointment with an authorised JLR dealership to have its software updated. If you have any further questions, you can contact JLR Australia on 1800 625 642. MORE: Explore the Land Rover Discovery Sport showroom MORE: Explore the Range Rover Evoque showroom Content originally sourced from: JLR Australia is recalling more than 300 examples of its plug-in hybrid Land Rover Discovery Sport and Range Rover Evoque as they may lose power unexpectedly. "Due to a software issue, the high voltage battery may discharge when driving in EV mode. As a result, the vehicle may experience a loss of motive power whilst driving and an inability to restart the engine," the company says in its recall notice. "A sudden loss of motive power whilst driving increases the risk of an accident, causing serious injury or death to vehicle occupants and other road users." CarExpert can save you thousands on a new car. Click here to get a great deal. If you own an affected vehicle, you'll need to schedule an appointment with an authorised JLR dealership to have its software updated. If you have any further questions, you can contact JLR Australia on 1800 625 642. MORE: Explore the Land Rover Discovery Sport showroom MORE: Explore the Range Rover Evoque showroom Content originally sourced from: JLR Australia is recalling more than 300 examples of its plug-in hybrid Land Rover Discovery Sport and Range Rover Evoque as they may lose power unexpectedly. "Due to a software issue, the high voltage battery may discharge when driving in EV mode. As a result, the vehicle may experience a loss of motive power whilst driving and an inability to restart the engine," the company says in its recall notice. "A sudden loss of motive power whilst driving increases the risk of an accident, causing serious injury or death to vehicle occupants and other road users." CarExpert can save you thousands on a new car. Click here to get a great deal. If you own an affected vehicle, you'll need to schedule an appointment with an authorised JLR dealership to have its software updated. If you have any further questions, you can contact JLR Australia on 1800 625 642. MORE: Explore the Land Rover Discovery Sport showroom MORE: Explore the Range Rover Evoque showroom Content originally sourced from: JLR Australia is recalling more than 300 examples of its plug-in hybrid Land Rover Discovery Sport and Range Rover Evoque as they may lose power unexpectedly. "Due to a software issue, the high voltage battery may discharge when driving in EV mode. As a result, the vehicle may experience a loss of motive power whilst driving and an inability to restart the engine," the company says in its recall notice. "A sudden loss of motive power whilst driving increases the risk of an accident, causing serious injury or death to vehicle occupants and other road users." CarExpert can save you thousands on a new car. Click here to get a great deal. If you own an affected vehicle, you'll need to schedule an appointment with an authorised JLR dealership to have its software updated. If you have any further questions, you can contact JLR Australia on 1800 625 642. MORE: Explore the Land Rover Discovery Sport showroom MORE: Explore the Range Rover Evoque showroom Content originally sourced from:

JAECOO J5 is set to make UAE debut with stylish, tech-forward urban SUV inspired by legendary design - Middle East Business News and Information
JAECOO J5 is set to make UAE debut with stylish, tech-forward urban SUV inspired by legendary design - Middle East Business News and Information

Mid East Info

time26-07-2025

  • Automotive
  • Mid East Info

JAECOO J5 is set to make UAE debut with stylish, tech-forward urban SUV inspired by legendary design - Middle East Business News and Information

In a market where design, technology, and comfort define consumer choice, OMODA&JAECOO UAE is proud to announce the upcoming launch of the JAECOO J5, a dynamic new SUV arriving this August. With its head-turning off-road-inspired design and urban-friendly features, the JAECOO J5 offers UAE drivers a bold, lifestyle-oriented alternative to traditional SUVs—at a significantly more accessible price point. Blending the aesthetic DNA of iconic brands like Land Rover with modern innovation, the JAECOO J5 1.5T FWD has been designed for discerning city drivers who want elevated style, enhanced safety, and smart technology without compromising comfort or affordability. Urban Elegance Meets Rugged Design Cues While the JAECOO J5 is considered as an urban SUV, its visual identity borrows heavily from rugged, adventure-ready vehicles—most notably the Land Rover Discovery Sport. This isn't just a coincidence. The JAECOO J5's design team includes former Land Rover designers, which explains its strong silhouette, muscular stance, and squared-off edges. The result is a powerful road presence that appeals to style-conscious drivers in the UAE. What further sets it apart is the available Eco Kit—an optional factory-style package that adds sporty cladding and adventure-inspired touches to the exterior, all while maintaining urban comfort. Performance Suited for City Life Under the hood, the UAE-spec JAECOO J5 comes with a 1.5-liter turbocharged engine, delivering responsive power for everyday city and highway driving. The front-wheel-drive (FWD) setup offers a smooth, efficient ride that's ideal for the region's well-paved roads. It's the perfect vehicle for urban commutes, weekend shopping trips, or leisurely drives along the coast. Premium Comfort and Smart Interior Design Step inside and the JAECOO J5 reveals a contemporary cabin centered on comfort and intuitive technology. The electronic column shifter, minimalistic dashboard, and seamless digital displays reflect a premium design ethos typically found in higher-end vehicles. A 1.45㎡ panoramic sunroof fills the cabin with natural light—ideal for enjoying Dubai's sunsets or Abu Dhabi's night skies. For entertainment, the JAECOO J5 interior can be levelled up with a karaoke audio setup, featuring noise-cancelling microphones and an optional subwoofer—transforming your cabin into a personal sound studio experience. Safety with Intelligence When it comes to peace of mind, the JAECOO J5 excels. It features a 540° panoramic camera system, offering a comprehensive view of the vehicle's surroundings from all angles—including underneath. This is particularly useful when parking in tight urban spaces or maneuvering through crowded city areas. A Stylish New Chapter in UAE's SUV Market With its official launch in August 2025, the JAECOO J5 enters the UAE market as a value-driven urban SUV that delivers premium aesthetics, intelligent features, and lifestyle flexibility. By blending luxury-inspired design with the daily practicality UAE residents need, the JAECOO J5 is ready to become the city's new favorite SUV. Whether you're cruising down Sheikh Zayed Road, pulling up to a weekend brunch, or making a stylish impression at the valet—the JAECOO J5 is built to be seen.

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