Jaguar Land Rover has reportedly seen its quarterly profits soaring 55 percent following rise in global demand.
The company behind the Jaguar, Range Rover and Land Rover brands is owned by Indian giant Tata Motors.
Jaguar Land Rover said that its retail sales surged 21 percent year-on-year to 102,644 vehicles in the three months to end of September, lifting pre-tax profit to 668 million pounds, The Scotsman reports.
The report said that the strong demand from Brazil, China, Russia and the Middle East was boosted by the launch of the Jaguar F-Type sports car and the latest Range Rover Sport that drove the revenues 40 percent higher to 4.6 billion pounds.
Chief executive Ralf Speth said that the luxury marques reached more markets than ever due to its most engaging product line-up, the report added.
