Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.

Monday, 10 February 2014

JLR announces huge profit increase for 3rd quarter

Tata Motors Limited today reported the third quarter results of the 2013/14 fiscal year for Jaguar Land Rover Automotive plc.

Retails in the quarter increased 27% year on year to 112,172 vehicles. This reflects 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.


Strong global sales volumes alongside a richer product mix resulted in revenues of £5,328m for the third quarter.

Profit before tax increased to £842m for the quarter.

Commenting on the results, Jaguar Land Rover Chief Executive Officer, 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.”  

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