Tata Motors , the parent company of Jaguar Land Rover Automotive Plc (JLR), has announced a significant leadership change. P B Balaji, currently serving as the Group Chief Financial Officer of Tata Motors Group, has been appointed as the new Chief Executive Officer of JLR, effective November 2025.

Leadership Transition

The appointment comes as current CEO Adrian Mardell prepares to retire after a remarkable 35-year tenure with the company, including three years at the helm. Mardell will continue in his role until December 31, 2025, assisting with the transition process.

New CEO Profile

P B Balaji brings a wealth of experience to his new role:

• 32 years of experience in the automotive and consumer goods industries
• Expertise across finance and supply chain functions
• Serving as Group CFO of Tata Motors Group since November 2017
• B.Tech in Mechanical Engineering from IIT-Chennai
• Post Graduate Diploma in Management from IIM-Kolkata

Board's Decision and Expectations

N Chandrasekaran, Chairman of Jaguar Land Rover PLC, Tata Motors, and Tata Sons, expressed confidence in Balaji's appointment:

"The search for a suitable candidate to lead JLR has been undertaken by the Board for the past few months, and after careful consideration, it was decided to appoint Balaji. He has been associated with the Company for the past many years and is familiar with the Company, its strategy and has been working with the JLR leadership team."

Chandrasekaran added, "This move will ensure that we continue to accelerate our journey to Reimagine JLR."

Outgoing CEO's Legacy

Adrian Mardell's leadership has been pivotal in JLR's recent success. Chandrasekaran praised Mardell for delivering "record results and a stellar turnaround of JLR." Mardell expressed gratitude for his time at JLR, stating:

"These three years have been a great privilege. Together with the incredible JLR workforce, we have cemented JLR's position in the automotive industry during a time of incredible change."

Looking Ahead

As he prepares to take on this new role, Balaji shared his enthusiasm:

"It is my privilege to lead this incredible Company. Over the past 8 years, I have grown to know and love this Company and its redoubtable global brands. I look forward to working with the team to take it to even greater heights."

This leadership transition marks a new chapter for Jaguar Land Rover as it continues to navigate the evolving automotive landscape. With Balaji's extensive experience and familiarity with the company, JLR aims to build on its recent successes and drive further transformation in the industry.

Tata Motors , one of India's leading automotive manufacturers, has released its sales figures for July, revealing a mixed performance across its various segments. The company reported total sales of 69,131 units, marking a 4% decline compared to the 71,996 units sold in July of the previous year. Despite the overall dip, the figures surpassed analyst expectations of 68,100 units for the month.

Segment-wise Performance

Commercial Vehicles

Tata Motors' commercial vehicle (CV) segment showed resilience, posting a 7% year-on-year growth:

The Medium & Heavy Commercial Vehicles (M&HCV) segment, including trucks and buses, saw domestic sales of 12,387 units, up from 11,174 units in the previous July. Total M&HCV sales, including international business, reached 13,669 units compared to 11,886 units in the previous year.

Passenger Vehicles

The passenger vehicle (PV) segment faced challenges, with an overall decline of 11% year-on-year:

Electric Vehicle Milestone

Despite the overall decline in the passenger vehicle segment, Tata Motors achieved a significant milestone in its electric vehicle (EV) sales. The company recorded its highest-ever monthly EV sales, with 7,124 units sold in July, representing a robust 42% growth compared to the same period last year. This achievement underscores Tata Motors' commitment to its zero-emission journey and the growing demand for electric vehicles in the market.

Domestic Market Performance

In the domestic market, Tata Motors' total sales stood at 65,953 units, down 6% from 70,161 units in the previous July. This decline was primarily driven by the passenger vehicle segment, which saw a 12% decrease in domestic sales.

International Business

Tata Motors' international business showed strong growth, particularly in the commercial vehicle segment, which saw a 57% increase year-on-year. The passenger vehicle international business also experienced significant growth, with sales jumping from 229 units in the previous July to 654 units this July, marking a 186% increase.

While Tata Motors faces challenges in its overall sales performance, the company's strong showing in the commercial vehicle segment and the record-breaking performance in EV sales demonstrate its resilience and adaptability in a dynamic automotive market. The company's focus on electric vehicles appears to be paying off, positioning it well for the ongoing transition to sustainable mobility solutions.