Range Rover is a luxury SUV brand recognized for blending off-road capability with premium design. Many people often ask, who owns Range Rover? While it began as a British icon, its ownership has shifted over the years. This article explores the history, ownership, and current structure behind Range Rover.
History of Range Rover
Range Rover was first launched in 1970 by British Leyland, a government-owned car manufacturer in the UK. It was designed as a more comfortable and luxurious alternative to the rugged Land Rover. The original Range Rover was known for its simple design and unmatched off-road performance.
In 1988, British Aerospace acquired the Rover Group, which included Range Rover. Later, in 1994, BMW took over. BMW made key improvements, but eventually sold the brand. In 2000, Ford acquired Land Rover and with it, the Range Rover line. Ford grouped it under its Premier Automotive Group, which also included Jaguar, Aston Martin, and Volvo.
A major change occurred in 2008 when Tata Motors, an Indian automotive giant, bought Jaguar and Land Rover from Ford. Tata merged the two into Jaguar Land Rover Limited, creating a unified structure for both brands. Since then, Tata has continued to develop Range Rover as a global luxury vehicle.
Who Owns Range Rover?
Range Rover is not a standalone company. It is a luxury SUV brand that operates under the Land Rover marque, which in turn is owned by Jaguar Land Rover Limited (JLR). Jaguar Land Rover is a wholly owned subsidiary of Tata Motors Limited, an Indian multinational automotive manufacturer. So, ultimately, Tata Motors is the parent company of Range Rover.
Here’s an overview of the ownership of Range Rover:
- Brand: Range Rover
- Sub-brand of: Land Rover
- Owned by: Jaguar Land Rover Limited (JLR)
- Parent Company: Tata Motors Limited
- Ultimate Owner: Tata Group (via Tata Sons)
- Acquisition Year: 2008
- Acquisition Price: $2.3 billion from Ford Motor Company
- Ownership Stake: 100% owned by Tata Motors.
Parent Company: Tata Motors Limited
Tata Motors is part of the Tata Group, one of India’s largest and oldest conglomerates. Tata Motors is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India. It also trades on the New York Stock Exchange (NYSE) through American Depositary Receipts (ADRs).
Tata Motors owns 100% of Jaguar Land Rover, making it the full owner of both the Land Rover and Jaguar brands. Range Rover, being a sub-brand of Land Rover, is therefore indirectly owned by Tata Motors.
Tata Motors operates with a high level of autonomy for its subsidiaries. While Tata Group influences strategic direction and investment, operational decisions are handled by the executive management of Jaguar Land Rover.
Acquisition of Jaguar Land Rover
Tata Motors acquired Jaguar and Land Rover in 2008 from Ford Motor Company in an all-cash deal worth $2.3 billion.
Background to the Acquisition
Ford had owned:
- Jaguar since 1989
- Land Rover since 2000
However, due to financial pressure during the global economic downturn and lack of profitability from its Premier Automotive Group, Ford decided to divest both brands. Tata Motors emerged as a serious bidder and finalized the deal in March 2008.
Strategic Importance
Tata Motors saw the acquisition as a way to:
- Expand into the global luxury automotive market
- Leverage British design and engineering capabilities
- Add prestigious brands to its portfolio
Despite concerns about an Indian company owning iconic British brands, Tata received praise for maintaining the brands’ identity and investing in product innovation.
Structure After Acquisition
After acquiring both Jaguar and Land Rover, Tata Motors merged them into a single entity called Jaguar Land Rover Limited (JLR). JLR now manages product development, marketing, and global operations for:
- Jaguar (luxury sedans and sports cars)
- Land Rover (SUVs, including the Range Rover line)
Range Rover remains a flagship product line within Land Rover, representing the highest tier of luxury SUVs under JLR.
Jaguar Land Rover’s Independence
Although Tata Motors is the parent company, it allows Jaguar Land Rover to operate independently with its own leadership, board of directors, and design/engineering centers in the UK. This structure has helped JLR continue its British heritage while receiving financial and strategic backing from Tata.
JLR’s headquarters is in Whitley, Coventry, England, and its main manufacturing for Range Rover takes place at Solihull and Halewood, UK.
Who is the CEO of Range Rover?
As of May 2025, Adrian Mardell serves as the Chief Executive Officer (CEO) of Jaguar Land Rover (JLR), the parent company of the Range Rover brand. He was appointed as the permanent CEO on July 20, 2023, after serving as interim CEO since November 2022, following the resignation of Thierry Bolloré.
Career Background and Experience
Adrian Mardell has been with JLR since 1990, bringing over three decades of experience to his leadership role. Before becoming CEO, he served as the Chief Financial Officer (CFO) from 2019, overseeing the company’s financial strategies and operations. His extensive tenure at JLR has provided him with deep insights into the company’s operations, culture, and strategic direction.
Leadership and Strategic Vision
Under Mardell’s leadership, JLR has embarked on a significant transformation, focusing on electrification and modernization. The company announced a £15 billion investment over five years to accelerate its transition to electric vehicles (EVs), including the development of electric versions of the Range Rover, Defender, and Discovery models.
This investment also supports the launch of new all-electric Jaguar models, aligning with the company’s commitment to sustainability and innovation.
Decision-Making Structure
As CEO, Mardell oversees JLR’s executive leadership team and reports directly to the board of directors. He collaborates closely with Tata Motors, JLR’s parent company, to align the company’s strategic objectives with broader corporate goals. Mardell’s leadership emphasizes transparency, employee engagement, and a customer-centric approach to drive the company’s success in a rapidly evolving automotive industry.
Previous CEOs of Jaguar Land Rover
- Thierry Bolloré (2020–2022): Focused on streamlining operations and initiating the “Reimagine” strategy, aiming to reposition JLR as a leader in electric mobility.
- Ralf Speth (2010–2020): Oversaw significant growth and expansion, including the development of new models and global manufacturing facilities.
Who Manufactures Range Rover and Its Engine?
Range Rover vehicles are manufactured by Jaguar Land Rover (JLR), a British multinational automotive company. JLR is known for producing luxury vehicles and SUVs under two main brands: Jaguar and Land Rover. Range Rover is one of Land Rover’s premium sub-brands and represents its highest level of luxury and technology.
Jaguar Land Rover has its headquarters in Whitley, Coventry, United Kingdom. The company operates several manufacturing plants in the UK, including the Solihull and Halewood facilities, which are key production sites for Range Rover models. These factories are equipped with advanced manufacturing technologies and emphasize quality, craftsmanship, and sustainability.
JLR is owned by the Indian conglomerate Tata Motors, which acquired the company in 2008. Despite this ownership, all design, engineering, and manufacturing operations for Range Rover continue to be based in the UK, maintaining its British heritage.
Where Are Range Rover Vehicles Manufactured?
- Solihull Plant (UK): This is the primary facility for producing the Range Rover, Range Rover Sport, and Defender models. The Solihull plant has a long history with Land Rover and is known for high-quality craftsmanship and integration of advanced manufacturing processes.
- Halewood Plant (UK): This facility produces smaller Land Rover vehicles but is increasingly involved in supporting Range Rover Velar and Evoque production.
- Other Global Facilities: While primary manufacturing remains in the UK, some assembly or component manufacturing may take place in other countries to support global demand.
Who Manufactures Range Rover Engines?
Range Rover engines are primarily developed and manufactured by Jaguar Land Rover’s powertrain division, which focuses on creating a variety of efficient and powerful engines to meet performance, emission, and fuel economy standards.
Types of Engines Used in Range Rover Models
Ingenium Engines
- The Ingenium family is Jaguar Land Rover’s modular engine series designed for efficiency and flexibility.
- It includes 4-cylinder and 6-cylinder petrol and diesel engines.
- These engines are lightweight, efficient, and designed to reduce emissions while delivering strong performance.
- Ingenium engines are widely used across the Range Rover Evoque, Velar, and Range Rover Sport models.
V6 and V8 Engines
- Range Rover models, especially the larger and performance-oriented variants like the full-size Range Rover and Range Rover Sport, are equipped with V6 and V8 engines.
- The V8 engines, including supercharged variants, provide high power output and are favored in top-tier and SV (Special Vehicle) editions.
- These engines are hand-assembled at JLR’s engine manufacturing center in Wolverhampton, UK.
Electric and Hybrid Powertrains
- To meet growing environmental standards and market demand, Range Rover offers mild hybrid (MHEV) and plug-in hybrid (PHEV) powertrains across many models.
- The upcoming all-electric Range Rover model will utilize electric motors and battery packs developed partly in-house and in partnership with suppliers.
- Hybrid powertrains combine Ingenium engines with electric motors for enhanced fuel efficiency and reduced emissions.
Engine Manufacturing Facilities
- Wolverhampton Engine Plant: This facility in the UK is dedicated to manufacturing Ingenium engines and V8 powertrains for Jaguar Land Rover vehicles, including Range Rover.
- Daimler Partnership: Historically, JLR has used some engines developed in partnership with Daimler AG (Mercedes-Benz), especially earlier V6 and V8 units, but recent designs focus on in-house development.
Annual Revenue and Net Worth of Range Rover
As of the fiscal year ending March 31, 2025, Jaguar Land Rover (JLR)—the company that designs, manufactures, and sells Range Rover vehicles—generated a total annual revenue of £30 billion (approximately $38.8 billion). This marks a growth from the previous year’s £29 billion and reflects solid global demand for luxury SUVs, particularly the Range Rover, Range Rover Sport, and Range Rover Velar.
Range Rover vehicles, positioned at the top end of JLR’s portfolio, continue to contribute a significant share of JLR’s revenue. In FY25, the Range Rover product line accounted for over 45% of JLR’s total sales revenue, driven by strong demand in markets like the United States, China, and the Middle East.
In terms of profit, Jaguar Land Rover recorded a pre-tax profit of £2.5 billion in FY25, up from £2.2 billion the year before. Profitability was boosted by higher-margin models like the full-size Range Rover and electrified trims, as well as improved supply chain efficiencies.
As for net worth, while JLR does not officially publish a net worth figure like publicly traded companies do, industry analysts estimate JLR’s enterprise value or net worth to be between £11 billion and £13 billion ($14 billion to $16.8 billion) as of early 2025. This is based on factors like total assets, brand valuation, earnings potential, and its debt/equity position.
JLR also reached a major financial milestone in FY25 by achieving a net cash position of £278 million, transitioning from years of negative free cash flow. This strengthens its financial foundation and positions the company well for future investments in electrification and digital technologies.
The company’s long-term financial roadmap includes a target to increase annual revenue to £38 billion by 2026, driven by continued growth in the Range Rover and Defender families and the launch of all-electric luxury models.
Here’s a breakdown of the historical revenue and net worth of JLR (the parent company of Range Rover):
| Fiscal Year | Revenue (£ Billion) | Revenue (USD Billion)* | Estimated Net Worth (£ Billion)** | Notes |
|---|---|---|---|---|
| 2015–16 | 22.2 | 31.6 | 9.2 | Strong sales in China and UK |
| 2016–17 | 24.3 | 32.7 | 10.1 | Peak sales year globally |
| 2017–18 | 25.8 | 34.7 | 10.8 | Record revenue year |
| 2018–19 | 24.2 | 31.4 | 9.0 | Brexit and diesel impact |
| 2019–20 | 23.0 | 29.9 | 7.8 | Slower China growth |
| 2020–21 | 19.7 | 26.4 | 5.2 | COVID-19 pandemic hit |
| 2021–22 | 22.0 | 29.3 | 6.5 | Partial recovery |
| 2022–23 | 22.8 | 28.5 | 7.0 | Chip shortages affected output |
| 2023–24 | 29.0 | 36.7 | 9.5 | Strong Range Rover & Defender sales |
| 2024–25 | 30.0 | 38.8 | 12.0 | Achieved net cash position |
Brands Owned by Range Rover
Below is a detailed explanation of the brands owned by Range Rover as of 2025:
| Model Name | Vehicle Type | Price Range (USD) | Powertrain Options | Key Features & Highlights | Target Audience |
|---|---|---|---|---|---|
| Range Rover | Full-size luxury SUV | $105,000+ | PHEV, MHEV, EV (coming 2025) | Ultimate luxury, MLA-Flex platform, 7-seater option | High-end luxury buyers, executives |
| Range Rover Sport | Midsize performance SUV | $85,000+ | PHEV, MHEV, V8 | Sportier handling, sleek design, dynamic performance | Urban professionals, enthusiasts |
| Range Rover Velar | Midsize style-focused SUV | $62,000+ | MHEV, PHEV | Avant-garde design, Pivi Pro system, refined road feel | Design-conscious buyers, tech lovers |
| Range Rover Evoque | Compact luxury SUV | $51,000+ | MHEV | Coupe-like styling, compact size, city-oriented | Young professionals, small families |
| SV Editions | Custom high-performance variants | Varies ($120,000+) | Bespoke performance-tuned versions | SV-badged luxury/performance upgrades by Special Vehicle Operations | Ultra-luxury seekers, collectors |
Range Rover
This is the flagship model of the brand, known for luxury, refinement, and off-road capability. The latest generation, launched in 2022, offers both plug-in hybrid and mild hybrid options, with an all-electric version set to debut in 2025. It caters to high-end customers seeking advanced technology, plush interiors, and commanding road presence.
- Price Range: Starts around $105,000 (2025 models)
- Seating: 5 to 7 passengers
- Key Features: Four-wheel steering, active noise cancellation, and a new MLA-Flex platform
Range Rover Sport
A more dynamic and performance-oriented version of the flagship Range Rover. It offers a sportier driving experience while retaining much of the luxury and capability of the standard Range Rover.
- Price Range: Starts around $85,000
- Available as: Mild hybrid, plug-in hybrid, and V8
- Target Market: Younger buyers or urban professionals seeking performance and prestige
Range Rover Velar
Positioned as the avant-garde SUV in the lineup, the Velar emphasizes design and innovation. It’s a mid-size luxury SUV with minimalist styling and advanced infotainment features.
- Price Range: Starts around $62,000
- Key Features: Dual-screen Pivi Pro system, active road noise cancellation, and electric drivetrains
- Market Position: Between the Evoque and Range Rover Sport
Range Rover Evoque
The entry-level model in the Range Rover family. Compact in size, but still retains the brand’s signature luxury and off-road capabilities. Very popular among urban buyers and first-time luxury SUV owners.
- Price Range: Starts around $51,000
- Key Features: Coupe-like styling, mild-hybrid options, and compact size
- Audience: Young professionals, city dwellers, and small families
Special Vehicle Operations (SVO) Editions
While not separate models, Range Rover also offers ultra-luxury or performance variants of its existing models under the SV (Special Vehicle) badge, developed by JLR’s Special Vehicle Operations division.
- Examples: Range Rover SV, Range Rover Sport SVR
- Focus: Bespoke design, handcrafted interiors, and exclusive color/material palettes.
Final Thoughts
Range Rover is no longer owned by a British company. Today, the luxury SUV brand is fully owned by Tata Motors, an Indian multinational. Through Jaguar Land Rover, Tata continues to invest in the future of Range Rover with a focus on luxury, sustainability, and innovation. From its British roots to its current global presence, Range Rover remains a symbol of sophistication and capability.
FAQs
Who is the real owner of Range Rover?
The real owner of Range Rover is Jaguar Land Rover (JLR), a British automotive company. JLR itself is owned by Tata Motors, an Indian multinational company, which acquired it in 2008. So, while Tata Motors is the parent company, Range Rover remains a brand under the British firm Jaguar Land Rover.
Is Range Rover still a British company?
Yes, Range Rover is still considered a British company because it is designed, engineered, and manufactured by Jaguar Land Rover, which is headquartered and operates primarily in the United Kingdom. Despite ownership by Tata Motors, the brand maintains its British identity and heritage.
Does Ford own Jaguar and Land Rover?
No, Ford no longer owns Jaguar and Land Rover. Ford owned both brands from 2000 until 2008. In 2008, Ford sold Jaguar Land Rover to Tata Motors, an Indian automaker, which has owned and operated the company since then.
Why are Range Rovers so expensive?
Range Rovers are expensive due to several factors:
- They offer luxury interiors with high-end materials and advanced technology.
- They have strong off-road capability combined with refined on-road performance.
- The brand invests heavily in research, innovation, and quality craftsmanship.
- Limited production numbers and exclusivity also add to their premium pricing.
- Additionally, high import taxes and customization options can increase the cost.
What is the Range Rover Owner country?
Range Rover owners are spread worldwide, but the largest markets include the United Kingdom, the United States, China, and Middle Eastern countries. These regions have the highest sales volumes and a strong demand for luxury SUVs like the Range Rover.
Who makes Land Rover vehicles?
Land Rover vehicles, including Range Rover, are manufactured by Jaguar Land Rover (JLR), a British company headquartered in Coventry, UK. JLR oversees design, engineering, and manufacturing, with key production facilities in the UK.
What is Range Rover country of origin?
The Range Rover’s country of origin is the United Kingdom. It was originally developed and launched by Land Rover, a British brand, in 1970. All major design and manufacturing operations remain in the UK to this day.
When did Tata buy Range Rover?
Tata Motors acquired Range Rover as part of the Jaguar Land Rover deal in 2008.
Is Range Rover part of Land Rover?
Yes, Range Rover is a sub-brand of Land Rover, which itself is owned by Jaguar Land Rover.
Are Range Rovers made in the UK?
Yes, most Range Rovers are manufactured in the UK, especially in Solihull and Halewood.