Grapevine
MARK TISSHAW
Range Rover EV has been delayed again. Is there more to the story?
“IT’S OBVIOUS, ISN’T it?” said one senior industry figure to me recently. ‘It’ being their tantalising theory that Tata is preparing for either the sale or separate flotation of JLR off the back of recent executive movements.
Their reasoning? Mainly the recent appointment of Tata Motors chief financial officer PB Balaji as JLR’s new CEO, the second finance executive in a row to take that position after the soon-to-retire Adrian Mardell.