Tata Motor Logo

Jaguar Land Rover Automotive plc response to S&P downgrade

29 March, 2019

Jaguar Land Rover Automotive plc today issued the following statement in connection with S&P’s decision this week to downgrade the Company to ‘B+’ with credit watch negative.

The Company is disappointed by S&P’s decision to downgrade Jaguar Land Rover now. The Company reaffirms that it expects improved financial results in the fourth quarter period to March 31, 2019, compared to the first nine months of the financial year, with significant positive cashflow in the fourth quarter. Jaguar Land Rover is continuing to execute its product plans and Project Charge turnaround strategy to deliver £2.5 billion of cashflow improvements by March 2020.

Distributorship Enquiry Form

Refresh Icon

List Your Country Enquiry Form

Refresh Icon
Happy to connect

Happy to connect

Tata Motors Customer Care
  • Dealer LocatorDealer
  • EMI CalculatorEMI

    EMI Calculator

    EMI (per month) Rupee Symbol 0

    The information provided by the calculator is for illustrative purposes only. Actual EMI may vary as per exact loan offering. Please contact your nearest Tata Motors dealer for further details. EMI calculation reflects amounts in Indian Rupees rounded to the nearest whole number.

    EMI calculations are based on zero advance EMI scheme alone.

  • Contact UsContact