Jaguar Land Rover Sales Up 19% Globally

JLR revenue was up 22% to 5.05 billion pounds (5.9 billion euro) from January to March and profit hit 378 million pounds. Jaguar sold 21,163 vehicles and Land Rover the rest of 95,177 vehicles.

    “As far as Jaguar Land Rover is concerned, they are going to gain from depreciation in the pound,” said Umesh Karne, an analyst at Brics Securities in Mumbai. “Raw material prices are softening and the margins at JLR will improve as models such as the new Range Rover and F-Type improve the model mix.”

Read Article

MorePower - 5/29/2013 3:10:26 PM

+2 Boost

This is what happens when you introduce new products that garner customer and press praise.