JLR revs up $5bn in 3 months

jagFJaguar Land Rover’s Indian owner Tata Motors has reported a 27% year on year hike in JLR sales over the third quarter of its 2013/14 fiscal year.

Sales in the quarter increased to 112,172 vehicles worth £5.3bn and generating £842m in profits. The figures reflected “strong demand for the new and refreshed Jaguar and Land Rover line up which saw particularly strong performances from the Jaguar XJ, XF, Range Rover and Range Rover Sport”, the company told investors.

Commenting on the results, Jaguar Land Rover CEO, Dr. Ralf Speth said: “Our financial performance for this and the preceding quarters is a testament to the quality of Jaguar Land Rover’s award winning product offerings which continue to meet the exacting standards demanded by our customers around the world.”

 Copyright Ken Hurst 2014

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About Ken Hurst

Ken Hurst began his career as a journalist in London over 30 years ago, working on a range of publications before moving on to weekly newspaper production in the newly-independent Zambia of the 1970s. He returned to the UK where his work included spells on newspapers and magazines, before moving to head up Norwich Union’s corporate affairs division. In the 1990s he moved on to freelance, co-own and publish the B2B audio magazine Sound and front the BBC radio Yesterday’s Papers programme. There followed six years as Business Editor at Britain’s biggest selling regional daily newspaper, The Eastern Daily Press, where he led an award-winning team and for whom he still writes a weekly socio/political comment column. Subsequently, he was Group Editorial Director at CBM, responsible for its UK and US magazine output – including The Manufacturer magazine – research-driven industry reports and live events content. Currently he is Contributing Editor at Works Management magazine publisher Findlay Media and Chairman of the consumer publishing house TNT Multimedia Ltd. He is a Fellow of the Royal Society of Arts and of the British Association of Communicators in Business.
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