Wednesday, 10 April 2013

Jaguar Land Rover March Sales Rise 16% - Wall Street Journal (India)

MUMBAI--Jaguar Land Rover PLC, the U.K.-based luxury-vehicle unit of Tata Motors Ltd., Wednesday said its global sales in March rose 16% from a year earlier to 53,772 units, helped primarily by strong demand in China.

Sales of its Jaguar sedans increased 28% to 9,856 units while those of Land Rover sport-utility vehicles rose 14% to 43,916, Jaguar Land Rover said.

Sales of its unit in China rose 22% to 8,487 vehicles while in the U.K., they grew 14% to 17,784 autos.

In India, sales increased 28%, the company said, without giving the number of vehicles it sold.

India-based Tata Motors acquired Jaguar Land Rover from Ford Motor Co. in 2008 for $2.3 billion. The unit has now become its parent's biggest revenue and profit generator.

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via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHL4dA1vosUh68a94ncHqmfHhXULg&url=http://online.wsj.com/article/SB10001424127887323741004578414702877590358.html




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