Jaguar Land Rover again with a profit

Jaguar /Land Rover balance sheet
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This was shared by the Indian parent company Tata Motors on Friday (26.2.) with. The brand Land Rover has compared to A third more cars were sold last quarter, at Jaguar it was eleven percent more. A total of 56,700 cars were sold by both brands in the three months to the end of December, 28 percent more than in the previous quarter.

Tata Motors back in the profit zone too

Tata Motors also made the leap back into profitability. In the quarter under review, the entire group posted a surplus of a good 103 million euros, after a loss of 414 million euros in the same quarter of the previous year. Sales grew by 48 percent to 4.1 billion euros. Sales climbed 68 percent to 165,413 cars.

JLR was Tata Motors' problem child for a long time. Tata Motors acquired the traditional British brands Jaguar and Land Rover in 2008 for 2.3 billion dollars from the US automaker Ford taken over. In the future, the previous Linde manager Ralf Speth will be in charge of Tata's British auto business. He reports to CEO Carl-Peter Forster, who previously O pel and Vauxhall led.


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