Skip to main content

Posts

Showing posts with the label Jaguar

Featured Post

Market Daily Report: Bursa Malaysia Closes Higher On BNM’s OPR Decision, Wall Street Gains

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.

Jaguar Halts UK Sales as Iconic Brand Prepares Electric-Only Rebirth in 2026

Jaguar has stopped selling new cars in the UK until its relaunch as a fully electric brand in 2026 . This pause means all remaining new Jaguars in UK dealerships are now classified as pre-owned , regardless of mileage. Jaguar, owned by Tata Motors' Jaguar Land Rover (JLR) , has been transitioning towards an all-electric future , initially set in 2021 following the UK’s pledge to phase out petrol and diesel cars by 2030 . However, meeting the UK’s zero-emission target remains a challenge. Currently, only 18% of new cars registered are electric . Production of Jaguar’s XE, XF, and F-Type cars has ended, and the E-Pace and I-Pace SUVs will no longer be available in the UK after December. This marks the first time since WWII that Brits won’t have access to new Jaguars . JLR’s CEO Adrian Mardell stated the brand will take its time to create high-quality electric models, with a preview planned at Miami Art Week in December . Jaguar’s luxury EVs are set to debut in summer 2026 .