Is Jaguar Land Rover Really Looking To Buy A New Luxury Brand?
Jaguar Land Rover is looking at the acquisition of a new luxury or technology brand, according to a Bloomberg report posted online. A JLR spokesperson denied the rumours, but didn鈥檛 rule out opportunities in the future. The Bloomberg article suggests Jaguar Land Rover is already in talks with several manufacturers. The one parameter is, allegedly, that the chosen brand must fit JLR鈥檚 current portfolio of luxury vehicles, which alone make up a huge 78 per cent of parent company Tata Motors鈥?revenue. However, a source close to the brand has quashed the suggestions, hinting that while it will always look at ways of strengthening its position in the market, no such talks were currently taking place. Bloomberg says JLR wants to bulk up its range of vehicles, as senior officials believe that is the only way to stay competitive alongside luxury giants like Mercedes and BMW. 2.4 billion (拢1.8bn). However, with Range Rover already pitching models towards the top of the market (拢150,000-plus), space for a super-luxury vehicle above that is compromised. Earlier this year, Jaguar Land Rover invested a sum of more than 拢18 million in ride-hailing service Lyft. Online sources claim JLR is working alongside San Francisco-based Lyft to develop autonomous vehicles. The tech could potentially filter down to Jaguar and Land Rover models in the future. The launch of the I-Pace concept at last year鈥檚 Los Angeles Motor Show hinted the direction in which JLR wishes to go in, though, with electric cars being at the forefront of its development programme. Do you think Jaguar Land Rover should invest in a new luxury brand?
37,200. Prices vary depending on the SUV鈥檚 condition, mileage, location, and features. How Much Does the 2016 Land Rover Range Rover Evoque Cost to Own? When choosing a vehicle, purchase price isn鈥檛 the only expense to consider. You鈥檒l also need to take into account ongoing costs for gas, insurance, repairs, and maintenance. 29,300. That鈥檚 more than other luxury subcompact SUVs鈥?ongoing costs - but not by much. Is It Better to Buy a Used or New Range Rover Evoque? 4,600 more than the 2016 model鈥檚 average list price. If you鈥檙e into power, you鈥檒l like the 2018 model鈥檚 two new engines. There鈥檚 also a convertible body type, and All-Terrain Progress Control (a low-speed cruise control system). Unless you need these features, opt for the 2016 model. You鈥檒l get an otherwise similar vehicle at a lower cost. Also note that if you want a three-door model, you鈥檒l have the buy used. 33,200). Both offer stellar performance and top-notch cabins. How Reliable Is the 2016 Land Rover Range Rover Evoque?
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