Top 10 Automobile Brands in United Kingdom (UK) 2016
Posted in Top Brand Lists, Total Reads: 280
6. Jaguar Land Rover
Jaguar and Land Rover are two British luxury car manufacturers which were merged to form Jaguar Land Rover in the year 2002.
Later the company was bought by Indian conglomerate Tata Motors in the year 2008, and now, Jaguar Land Rover is a wholly owned subsidiary of Tata Motors. The company has its headquarters in Whitley, United Kingdom & Ralf Speth is the current Chief Executive Officer.
Before the merger of Jaguar and Land Rover, Jaguar was a subsidiary of Ford Motor Company and Land Rover was a subsidiary of BMW Motors. In 2000, Ford acquired Land Rover from BMW and the subsidiary was named Jaguar Land Rover in 2002 by combining both Jaguar and Land Rover divisions. Ford incurred huge losses with the subsidiary and sold it off to Tata Motors in 2008.
After the company was acquired by Tata Motors, it has been in a profit path till now and never incurred losses. It has six manufacturing facilities worldwide.
Jaguar was initially founded as Swallow Sidecar Company in 1922 which was later merged to become British Leyland in 1975. Jaguar also participated in many racing events and won many championships. It also designed engines for many vehicles. On the other hand, Land Rover car design was first formulated in the year 1948 by Rover Company. But the company Land Rover took its shape in 1978. Most of the Land Rover vehicles are also used for military purposes in addition to commercial and passenger needs. According to United Kingdom government estimates, Land Rover is one of the safest vehicles to drive and the accident rate is very minuscule. Land Rover also has a coffee company division.