Sir Ralf Speth has signed off as Jaguar Land Rover boss after ten years at the helm of the company, Britain’s biggest car manufacturer. He will step down as JLR’s CEO but will retain a place on the board at parent company Tata Motors.

Formerly of BMW, Sir Ralf steered JLR through some difficult times before the company saw a massive period of growth. The company has had some tough times in recent years, with a steep decline in sales in China, and the demand for diesel vehicles significantly dropping, the uncertainty of Brexit, and the coronavirus pandemic in 2020, reports the Coventry Telegraph.

Sir Ralf joined the company shortly after the 2009 financial crisis, and his leadership saw JLR expand its global manufacturing to China, India, Slovakia, and Brazil, and his achievements earned him a knighthood in 2019.

During the first five years of his tenure, sales at JLR tripled and the company created over 17,000 new jobs. He also oversaw the launch of key new models, such as the Range Rover Evoque and the Land Rover Discovery Sport.

The Evoque was seen in the industry as a transformational model that redefined an entire marque and saw sales skyrocket.

He leaves feeling optimistic about the future of JLR, with a powerful existing portfolio and exciting new models on the way, as well as the transformation of the Castle Bromwich factory into a plant focused on electric vehicles.

He has instigated huge investments in Jaguar Land Rover’s factories at Solihull, Castle Bromwich and Halewood, along with a new engine factory in Wolverhampton. Also a major investment at its Gaydon design and engineering centre in Warwickshire.

He will be succeeded by former Renault boss Thierry Bolloré.

If you need reconditioned Range Rover engines, get in touch with our team.