logo
JLR has named its new CEO

JLR has named its new CEO

Auto Car9 hours ago
The dramatic change in the company's fortunes was underpinned by the popularity of its highly profitable Defender and Range Rover models, which have put JLR on track to achieve a targeted 10% profit margin by 2026.
Mardell has also overseen the formation of JLR's House of Brands retail strategy, under which Defender, Discovery, Range Rover and Jaguar have each been carved out as distinct brands in their own right, with bespoke marketing strategies centred around the positioning of those model families.
But arguably the most significant moment of Mardell's tenure as boss was the unveiling of the radical Jaguar Type 00 concept, which marked the beginning of the all-out transformation of the marque from a BMW and Mercedes-Benz rival to a purveyor of high-end, high-performance EVs that will do battle with Bentley.
The first of these models, a four-door super-GT in the vein of the Porsche Taycan, is now in the final stages of testing ahead of a production-spec unveiling at the end of the year and a launch in summer 2026 - until which time no Jaguar models are being produced.
In a recent interview with Autocar, Mardell revealed that he had driven the new GT and said it was the "most fun I've had" in his time as JLR boss.
"It was stunning in terms of its speed, its acceleration, its performance, but also how it delivered the power with a real sense of character," he said. "The chassis team are really excited about the possibilities of the vehicle.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

I've been forced to move in with my daughter after my third property sale fell through. The housing market's collapsing... and my removal man's terrifying words show exactly why: NADINE DORRIES
I've been forced to move in with my daughter after my third property sale fell through. The housing market's collapsing... and my removal man's terrifying words show exactly why: NADINE DORRIES

Daily Mail​

time11 minutes ago

  • Daily Mail​

I've been forced to move in with my daughter after my third property sale fell through. The housing market's collapsing... and my removal man's terrifying words show exactly why: NADINE DORRIES

I'm a former Cabinet minister and best-selling novelist who sold my childcare business to Bupa for a seven-figure sum but, at the age of 68, I have just moved into a spare bedroom in the home of one of my daughters. I hadn't planned it this way, of course. It's only happened because my third consecutive property purchase has just fallen through after I had commissioned a survey and paid my solicitor's fees.

Fears Russia will sink its own ships in a 'false flag' and blame the West after the Kremlin accused Britain of preparing 'mass raids'
Fears Russia will sink its own ships in a 'false flag' and blame the West after the Kremlin accused Britain of preparing 'mass raids'

Daily Mail​

time12 minutes ago

  • Daily Mail​

Fears Russia will sink its own ships in a 'false flag' and blame the West after the Kremlin accused Britain of preparing 'mass raids'

Russia is feared to be preparing false flag attacks on its shadow fleet of sea vessels in order to deter the West from further sanctioning them. According to the Telegraph, a report from the SVR, Moscow 's foreign intelligence service, claimed that the UK was plotting to attack Russia's fleet of ships used to subvert sanctions. The SVR said that the attacks would be designed to look like accidents, causing significant environmental damage and allowing the UK and the rest of NATO to justify further actions against them. The report claimed: 'British intelligence services are planning to use NATO allies to launch a mass raid on the "shadow fleet"; for this purpose, an ecological catastrophe in international waters is being prepared.' But experts said the report's publication raised concerns that Russia is preparing its own false flag operation, a scheme carried out by the Kremlin but designed to look like it has British origins. Dr Sidharth Kaushal, a research fellow at RUSI, told the newspaper: 'One interpretation might be that the Russians are insuring themselves against something breaking down or sinking, in a way that creates a pretext for restricting [their movement across the ocean].' So far, at least six tankers have suffered mysterious explosions since the start of the year. The suspicion has largely fallen on Ukraine, as all of the tankers were docked in Russian ports. Some of them were carrying Russian oil. It comes after the National Crime Agency (NCA) warned UK financial firms that Russian oil trading companies are utilising a complex network of companies with deliberately obscure ownership structures in order to evade sanctions. Britain has banned the maritime transportation of Russian oil as its energy exports are funding the war in Ukraine. In 2024, 30 per cent of Russia's federal budget came from oil and gas sales. But Russian oil trading companies are managing to circumvent sanctions to get Western cash which is continuing to fund the Russian state, investigators believe. One of the companies sanctioned last year used over 100 Shadow Fleet oil tankers, vessels which are usually over 15 years old which secretly carry Russian oil. To avoid detection, flags are regularly changed and the ship's automatic identification system is turned off to avoid its movements being tracked, while the oil is often transferred from one ship to another to obscure its origin before the shipment reaches its destination. Over 400 Shadow Fleet vessels have so far been sanctioned by the UK, EU, US and Canada. An NCA spokesman said: 'Today, the National Crime Agency has issued an alert to financial institutions and other members of the UK regulated sector in relation to the sale of Russian oil and gas through the use of Shadow Fleet vessels and front companies. 'Sanctions imposed on Russia as a result of its invasion of Ukraine have had a significant impact on its ability to sell oil and gas it produces. 'However, in an effort to circumvent these controls, Russian oil trading companies are utilising a complex network of companies with deliberately obscure ownership structures to evade sanctions whilst accessing Western finance and professional services in order to continue to fund the Russian state.'

Supercharged Alfa Romeo ‘classic sportscar' Torpedo built before WW2 to sell for over £3.75m
Supercharged Alfa Romeo ‘classic sportscar' Torpedo built before WW2 to sell for over £3.75m

The Sun

time12 minutes ago

  • The Sun

Supercharged Alfa Romeo ‘classic sportscar' Torpedo built before WW2 to sell for over £3.75m

A SUPERCHARGED pre-war Alfa Romeo "classic sportscar" Torpedo is being put up for auction and could sell for more than £3.75m. This could make it among the world's most expensive cars, when aligned with pre-auction estimates. 4 4 The Alfa Romeo 8C 2300 is a sports car that dominated in racing during its time in the 1930s, establishing new standards for high-performance cars. It captured multiple wins at the 24 Hours of Le Mans and the 1000 Miglia, leading the Alfa Romeo to sell a street version of the vehicle. The 1933 Alfa Romeo 8C 2300 Torpédo will be up for grabs at the Gooding Christie's Pebble Beach Auctions from August 15 to 16. This one features original open coachwork by famed Parisian coachbuilder Joseph Figoni, with desirable Monza cowl. As a bare chassis, these vehicles were available on the road in both short and long-wheelbase models, with coachwork that could be commissioned by the customer. It could be done through firms such as Touring, Zagato, and lesser known Carrosserie Figoni, that provided a high quality build, fine woodwork, luxurious interiors and elegant styling. Figoni is said to have outfitted seven road-going 8C 2300s between 1932 and 1935 on a built-to-order basis. The striking two-seater Torpedo that is displayed on the 1933 vehicle was ordered to Paris by Alfa Romeo's first owner, Louis Jeantet. It includes a rare Alfa Romeo Paris badge, a folding soft top with exposed bows, long fenders, a separate trunk, and dual-mounted spares. French luxury car authors, Peter M. Larsen and Ben Erickson, described the car as having: "A body that would be plain from the hand of any other carrossier, but its austerity is alleviated by handsome and perfectly balanced proportions that achieve an understated yet exciting look… "It is a classic sportscar style conceived at the cusp in time just before aerodynamic thinking changed car design forever.' There are no side windows on the cars vody, or curtains, beltine or other ornamentation. Nevertheless, the 8C 2300 boasts an all-aluminium 2.3L twin-cam straight eight that is supercharged to produce 138 horsepower. It has been dubbed the "premier prewar Italian sports car", with 140 BHP at 4,800 RPM. Last year, another iconic Le Mans racing car hit auctions, and was expected to sell for an eye-popping £7million. It was a 1954 Jaguar D-Type, that clocked a blistering 172.97 miles per hour. And earlier this year, another rare Alfa Romeo supercar was bought by a British man to impress his wife on their 1956 honeymoon. He bought an Alfa Romeo 8C from 1932, for £3million at auction.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store