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Jaguar Land Rover reports record 2017 sales, warns on UK outlook

Reuters  |  LONDON 

LONDON (Reuters) - Britain's biggest automaker Jaguar Land Rover said sales rose 7 percent to a record 621,109 vehicles in 2017 but warned it faces tough conditions in its home market due to weakening consumer confidence and a planned diesel tax hike on new cars.Since being bought by India's Tata group in 2008, the company has pursued a major turnaround plan to refresh and expand its model line-up and to increase volumes to around 1 million by the turn of the decade. It said growth in China, its largest market, and in the United States helped to offset difficult conditions in Britain and the ...

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First Published: Mon, January 08 2018. 17:36 IST