CBI member, Jaguar Land Rover has announced that strong sales in China have helped the car manufacturer record a pre-tax profit of £156 million in the three months to 30 September, with revenues up 8% to £6.1 billion.
According to Jaguar Land Rover, sales in China were up by nearly a quarter from this time last year.
This is apparently because of the popularity of new models, such as the Range Rover Evoque, which saw a 50% increase in sales. Jaguar Land Rover chief executive, Sir Ralph Speth said that it was “encouraging to see the pact of [JLR’s] Project Charge transformation and our improvement initiatives in the China market start to come through in our results.”
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