Jaguar Land Rover sales rise 35pc in May

Discussion in 'Europe and Russia' started by pmaitra, Jun 28, 2012.

  1. pmaitra

    pmaitra Moderator Moderator

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    Jaguar Land Rover sales rise 35pc in May

    Jaguar Land Rover sales grew by another 35pc in May despite the deepening eurozone crisis causing worldwide economic uncertainty.

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    JLR said sales rose to 30,094 last month, led by a 42pc rise in Land Rover sales to 25,752 thanks to the popularity of the new Range Rover Evoque

    By Graham Ruddick6:22PM BST 15 Jun 2012 | Telegraph UK

    JLR said sales rose to 30,094 last month, led by a 42pc rise in Land Rover sales to 25,752 thanks to the popularity of the new Range Rover Evoque.

    The increase has been secured despite JLR posting record sales and profits in the year to March 31, 2011. Revenues rose 37pc to £13.5bn last year and pre–tax profits grew to £1.51bn from £1.1bn.

    The Midlands-based company is enjoying significant growth in China, which is now a bigger market for JLR than the UK. However, sales are also rising in Europe thanks to the success of new model such as the Evoque and Jaguar XF.

    JLR, which is owned by Indian conglomerate Tata, is planning further expansion through investment in a new engine plant in Wolverhampton and the expansion of factories at Castle Bromwich, Gaydon, and Halewood.

    It will launch a new Jaguar sports car, the F-Type, later this year.

    Source: Jaguar Land Rover sales rise 35pc in May - Telegraph

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    Kudos to TATA, and, a mention of Jeremy Clarkson and Co.. (see them poking fun at TATA)



    I am happy for the people of UK, that more jobs will be generated for the people there; simultaneously, a central appendage for Jeremy Clarkson and Co..
     
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  3. amitkriit

    amitkriit Senior Member Senior Member

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  4. Ray

    Ray The Chairman Defence Professionals Moderator

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    It is quite interesting to note that while Britain is failing in every other sector, an Indian run company is doing wonders.

    And to imagine TATA had bought up this company when it was horribly in the red and the workers getting a raw deal!

    I wonder what the British would be saying about this entrepreneurship wizardry, Indian capability and financial management, more so, in the light of their being infuriated that India was getting aid from Britain (which in any case India did not want being 'peanuts') and yet India was having a space programme etc.

    I hope the British realise that India knows better how to do things and cut their coat as per the cloth and come our smelling of roses.
     
  5. Ray

    Ray The Chairman Defence Professionals Moderator

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    Top Gear is quite a sneaky lot.

    And can't get over their colonial mindset that the people they once ruled are now ruling them!
     
  6. balai_c

    balai_c Regular Member

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    Top Gear is a strange show. They never review anything other than sports cars or similarly priced obscenely expensive super cars mostly made in Europe. Never have they promoted a non-European or a non-western car. It is good only as a comedy show, and not for serious automobile enthusiasts. I find Indian shows far more useful, atleast they would review cars that common Indians are likely to buy, not just passively window shopping!
     
  7. Mad Indian

    Mad Indian Proud Bigot Veteran Member Senior Member

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    I have posted the thread in ASS forum and added a comment too. Lets see how the Barbarians there react :heh:
     

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