Luxury car maker Jaguar Land Rover (JLR) has reportedly seen a boost in sales after a gloomy performance by its Indian owner Tata Motors.
According to the Daily Express, the demand for the new Jaguar F-Type and Range Rover drove a 10 percent rise in sales to 94,719 cars in the three months to June.
JLR's stellar showing over the three months contrasted with a 23 percent fall in profits to 181.5million pounds at Tata Motors as more competition and a slowing Indian economy hit sales.
The company which makes cars in the West Midlands and Merseyside and gets 85 percent of revenue from exports aims to sell 1,00,000 cars in China this year, the report added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app