Jaguar Land Rover: Tata to double annual investment to £1.5 billion

Tata to double investment in JLR

Just last week we reported that Tata Motors’ profits in the last quarter had been driven very much by the resurgence at Jaguar Land Rover, with JLR profits soaring while Tata Motors domestic profits declined. And it looks like Tata are keen to keep that momentum going with the announcement that they are to double annual investment in Jaguar Land Rover to £1.5 billion.

Tata say that in the years since they acquired JLR from Ford they have invested £700-800 million a year, but keen to see both Jaguar and Land Rover continue their upward progress they are to double that figure, and that the increase is also applicable to the current financial year, which ends next month.

Both Jaguar and Land Rover have big plans going forward, and the increase in investment will help make those plans a success, although whether JLR can continue to manage the 20 per cent margins they currently boast is debatable.

Currently, JLR are close to announcing a deal for a Joint Venture in China with Chery, and there are plans to build more cars in India.

Jaguar has the new XE Sports car close to coming to market, the Jaguar CX-75 Supercar under development, plans for a new small Jaguar at the bottom end and other stuff too. Land Rover is basking in the Evoque sales – with plans for a bigger ‘Grand’ Evoque and Evoque Sport – and the new Range Rover just round the corner, with the new Range Rover Sport and Discovery models – not to mention the Defender DC100 – on the horizon.

And with more investment from Tata we will also hopefully see the XK replaced sooner rather than later, the next XF with a four wheel drive platform – and hopefully coupe and convertible XF versions too – and any number of other possibilities our imaginations can conjure up.