সোমবার, ১৫ জুলাই, ২০১৩

Chinese demand for Jaguar boosts JLR June sales

JLR Freelander car

BRITISH luxury carmaker Jaguar Land Rover reported a 7 per cent rise in June sales as it sold more Jaguar cars in China, the company?s fastest growing market.

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JLR, owned by India?s biggest carmaker by revenue Tata Motors Ltd, said Jaguar sales rose 34 per cent during the month to 6,574 cars, with sales in China more than doubling.

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Sales of Land Rover sports utility vehicles grew 2 per cent in June to 27,165 cars.

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The growing demand for luxury cars in China and other emerging markets has helped JLR buck the trend of plant shutdowns and falling production at many European automakers.

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JLR?s China chief said in April that the company aims to increase its sales in the country by 20 per cent to 30 per cent this year.

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The company said total sales in the first half of 2013 rose 14 per cent to 210,190 cars.

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Tata Motors relies on JLR for the bulk of its profits, with the Britain-based company accounting for more than three-quarters of the Indian carmaker?s revenue.

Source: http://www.gg2.net/business/international-business/Chinese+demand+for+Jaguar+boosts+JLR+June+sales/5424

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