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April 19, 2015 12:36 PM ET

Automobiles

Company Overview of Jaguar Land Rover Automotive plc

Company Overview

Jaguar Land Rover Automotive plc designs, develops, manufactures, and sells high performance luxury saloons, specialist sports cars, and four wheel drive off-road vehicles. It offers Jaguar premium sports saloons and sports cars, and Land Rover premium all-terrain vehicles, as well as related parts and accessories. The company’s Jaguar products include XK, XJ, XF, XE, and F-TYPE models. Its Land Rover products comprise the Defender, Freelander 2, Range Rover Evoque, Discovery, Range Rover Sport, and Range Rover models. The company markets its products in approximately 170 countries worldwide through a network of national sales companies, importers, export partners, and franchise sales dealer...

Abbey Road

Whitley

Coventry,  CV3 4LF

United Kingdom

Founded in 2008

33,897 Employees

Key Executives for Jaguar Land Rover Automotive plc

Chief Executive Officer and Director
Age: 59
Chief Financial Officer
President of China Operations
President of North America
Age: 50
Head of Government Affairs and Executive Director
Compensation as of Fiscal Year 2014.

Jaguar Land Rover Automotive plc Key Developments

Jaguar Land Rover Announces Sales Results for the Month and First Quarter Ended March 2015

Jaguar Land Rover announced sales results for the month and first quarter ended March 2015. For the month, the company sold 58,481 Jaguars and Land Rovers in March, up 6% from 55,183 in the month last year. The sales in the first quarter fell 0.4% to 124,307 from 124,776 in the period last year.

Jaguar Land Rover Automotive plc Announces Final Results of Offer to Purchase and Consent Solicitation for its $410,000,000 8.125% Senior Notes Due 2021

Jaguar Land Rover Automotive plc, the parent company of the Jaguar Land Rover group of companies and a subsidiary of Tata Motors Limited, announced the final results of its previously announced offer to purchase for cash any and all of its outstanding 8.125% Senior Notes due 2021 and related solicitation of consents to certain proposed amendments to the indenture dated 19 May 2011 under which the notes were issued, as more fully described in the offer to purchase and consent solicitation statement dated 3 March 2015. The Offer and Consent Solicitation expired at 11:59 p.m., New York time, on 30 March 2015, unless extended or terminated by the Company. As of the Expiration Date, the Company has received valid tenders and Consents of $326,417,000 in aggregate principal amount of Notes representing approximately 79.61% of the Notes outstanding at the commencement of the Offer and Consent Solicitation, including tenders of $326,117,000 in aggregate principal amount of Notes received at or prior to 5:00 p.m., New York time, on 16 March 2015 (the "Early Tender Date"). Following completion of the Offer and Consent Solicitation, $83,583,000 in aggregate principal amount of the Notes will remain outstanding. As previously reported, the Company has also received in excess of the Requisite Consents to the Proposed Amendments to the Indenture. The Company has accepted all Notes validly tendered and all Consents validly delivered and, therefore, the Company, the Guarantors and the Trustee executed a supplemental indenture adopting the Proposed Amendments on 16 March 2015 which became operative on 17 March 2015. The amendments apply to all Notes issued under the Indenture. Holders who validly tendered (thereby delivering their Consents) after the Early Tender Date, but prior to the Expiration Date, will receive the Late Consideration which is equal to an amount of $1,093.52 per $1,000 principal amount of Notes.

Jaguar Land Rover Announces Change of Engineering Director

Jaguar Land Rover has announced that Dr. Wolfgang Ziebart will stand down from the role of Engineering Director with effect from April 2015. Nick Rogers will succeed Dr. Ziebart and assume board-level responsibilities for Jaguar Land Rover's global engineering operations, reporting directly to Chief Executive Dr. Ralf Speth. Dr. Ziebart will continue to work with Jaguar Land Rover, focusing on technology development.

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