Land Rover is a well-known car brand. They are known for being an off-road type of vehicle as well as being four-wheel drive. Land Rover has a long history behind it, longer than you think! This article is to explain who owns a Land Rover and what you should know about them.
The Founding of Land Rover
Land Rover has been around for a very long time, that company. Its earliest form was called the Rover Company which was a bicycle manufacturer in 1885 in Warwickshire, England. It has changed ownership throughout its decades of history.
The first design for automobiles as we know them today was developed in 1947 after World War II by Maurice Wilks. He and his brother Spencer spent time on a farm working on designs. They are said to be inspired by Jeep and the first prototype was built using Jeep parts.
It was in 1978 that Land Rover Limited was founded. But, by this time, the Rover Company had been acquired under the Rover-Triumph division of British Leyland Motor Corporation in 1967.
Land Rover under New Management
Land Rover will continue to pass. These include BMW in the 90s and Ford in the early 2000s. On 18 January 2008, Tata Motors of the Tata Group created Jaguar Land Rover Limited as its own subsidiary.
Tata Motors is an automobile manufacturing giant from the Indian subcontinent. Tata Motors, like Land Rover, dates back to the 1800s, specifically 1868 when it was a trading company. The Tata Group itself has become known around the world through many achievements. This includes:
- When they built India’s first hotel with electricity in 1907.
- They also built the first hydropower plant in western India.
- The Indian Institute of Science was established in 1911.
Tata Motors would buy Jaguar Cars and Land Rover in 2008 to become Jaguar Land Rover Limited in 2013. Tata Motors is responsible for other automotive groups and projects worldwide while its parent company, the Tata Group has many other businesses not related to cars. This includes telecommunications and hospitals.
Land Rovers and Range Rovers
Now, you might be confused about Land Rovers and Range Rovers. Well, the difference is nothing because Range Rover is actually not a separate brand, but a model within Land Rover.
Not to mention, Range Rover is the name of the Land Rover lineup and is still known as the Range Rover family. This family consists of Range Rover, Ranger Rover Sport, and Range Rover Velar.
So, their full name is Land Rover Range Rover or Land Rover Range Rover sport, and so on.
Who is Land Rover Today?
Today, Jaguar Land Rover is under Adrian Mardell who just took the position of interim CEO in November 2022. Before that, he was the CFO since June 2019. Even before that, he had been working for the company for 30 years in a different various financial duties. He helped the company deliver on its promises to its shareholders, driving ambitious achievements.
Currently, the Chairman Emeritus for the Tata Group is Sir Ratan Naval Tata. He is an industrialist who was the chairman of the Tata Group from 1990 to 2012. He was also the interim chairman from October 2016 to February 2017.
Tata invested in many companies with his acquired wealth. Some of these businesses focus on cash-back or rewards programs, while others deal in online real estate, discount coupons, mobile phones, pet care, or wholesale or retail goods. Tata was a big supporter of education, medicine, and rural development, giving away much of his money to these causes. In fact, he is one of the biggest philanthropists in the world donating up to 65% of his income to various charities.
Conclusion
Land Rover continues to make strides in the business world. They even started branching out into cars and started other products under the Land Rover name. This includes bicycles, coffee, and pushchairs.
The Land Rover also continues to be used in the military because of its similarities to the Jeep. Reconnaissance and modifications for handling weapons are above all the extent of their use.
Regardless, this company started as a small bicycle company and is now a famous brand in the world of off-road vehicles. Despite being under different ownership, it continues to grow in prestige and notoriety.
For any entrepreneurs out there aspiring to start their own car manufacturer, look to Land Rover for inspiration. They started in the late 1800s but didn’t really take off until the 1970s. This kind of thing takes time, but if you give your business the same amount of care and respect, then who knows where it will lead in the distant future?!