Jaguar Land Rover is investing 25 million dlrs in US ride-sharing company Lyft, in a move that confirms the auto industryâ€™s resolve to add newÂ revenue streams to its traditional business. JLR, which is owned by Indiaâ€™s Tata Group, said it will make the investment through its InMotion venture capital unit. Lyft is a fast-growing new Read More..
Jaguar Land Rover (JLR) has launched a separate company tasked with quickly developing apps and on-demand services. The move is part of a trend among automakersÂ to take direct charge of technologies that will redefine the carÂ industry. Britain-based JLR, which is owned by India’s Tata Group, said InMotion, as the new unit is called, will be Read More..