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Jaguar Land Rover sales soar as profits fall in Tata Motors

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ANI London

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.

 

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First Published: Aug 09 2013 | 1:27 PM IST

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