Jaguar Land Rover sales rise 5 per cent
Friday 12 August 2011
Jaguar Land Rover sold more than 62,000 vehicles in the first quarter, as operating profits rose by 17 per cent to £408m, the luxury car company's Indian owner, Tata Motors, said yesterday.
The subsidiary's 4.9 per cent boost to unit sales saw revenues rise by 20 per cent to £2.7bn, the company said. But the figures were only part ofdisappointing results from parent company Tata Motors, which posted below-expectation profits flat at Rs19.99bn (£272m) despite revenues up by 24 per cent to Rs336bn.
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