JLR meaning in Business ?

Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited, and is a British multinational automotive company which produces luxury vehicles and sport utility vehicles. Jaguar Land Rover is a subsidiary of Indian automotive company Tata Motors Limited and has its root office at Whitley, Coventry, England. The principal activity of Jaguar Land Rover Limited is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover marques.

Both marques have long and complex histories prior to their merger – Jaguar going back to the 1930s and Land Rover to the 1940s – first coming together in 1968 as part of the British Leyland conglomerate, later again independent of each other, and then as subsidiaries of BMW (in the case of Land Rover), and Ford Motor Company (Jaguar). Ford acquired Land Rover from BMW in 2000 following the break-up of the former Rover Group, which was effectively the remainder of the British Leyland car producing companies.

Jaguar Land Rover has been a subsidiary of Tata Motors since they founded it as a holding company for the acquisition of Jaguar Cars Limited and Land Rover Limited from Ford in 2008. In January 2013, the operations of Jaguar Cars Limited and Land Rover were merged as Jaguar Land Rover Limited and the original holding company of Jaguar Land Rover Limited was renamed as Jaguar Land Rover Automotive PLC.