13 June 2025
Moody’s Ratings has today upgraded Jaguar Land Rover Automotive Plc’s (JLR) corporate family rating (CFR) to Ba1 from Ba2 and the probability of default rating (PDR) to Ba1‑PD from Ba2‑PD.
Concurrently, Moody’s have upgraded JLR’s backed senior unsecured instruments ratings to Ba1 from Ba2.
The outlook remains positive.
Investor Enquiries:
Claire Bird
Assistant Treasurer, Treasury and Investor Relations
E: investor@jaguarlandrover.com
About JLR
JLR’s Reimagine strategy aims to deliver a sustainability‑rich vision of modern luxury by design.
We are transforming our business with the aim to become carbon net zero across our supply chain, products, and operations by 2039.
Electrification is central to our strategy and before the end of the decade our brands will each have a pure electric model, while Jaguar will be entirely electric.
The flexibility of our world‑leading powertrain technologies means we can continue to offer hybrid and ICE vehicles in our ranges as we begin to roll out full BEV options, to match demand in the global transition to electric.
At heart we are a British company, with two design and engineering sites, two vehicle manufacturing facilities, a components and finishing facility, an electric propulsion manufacturing centre, and a battery assembly centre in the UK. We also have vehicle plants in China (joint venture), Slovakia, India, and Brazil, as well as seven technology hubs across the globe.
JLR is a wholly owned subsidiary of Tata Motors Limited, part of Tata Sons.