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Jaguar Land Rover global sales boom

Jan 12 2011 by Jon Griffin, Birmingham Mail


Jaguar Land Rover

JAGUAR Land Rover enjoyed an impressive near 20 per cent worldwide sales surge last year – with the hugely lucrative Chinese market the star performer.

Figures just released by the Midlands’ biggest manufacturer showed JLR sold a total of 232,839 vehicles in 2010, up 19 per cent on the previous year.

And the biggest growth market for the vehicle maker was China, the world’s fastest-growing economic power with a rapidly emerging car sector.

JLR sales in the US soared by 18 per cent while the UK saw a healthy 13 per cent rise in turnover.

The global sales successes followed a dramatic upturn in fortunes for JLR last year, with the vehicle maker reversing major losses during 2009 to announce profits of nearly half a billion pounds in the second and third quarters of last year.

The record six months under Tata followed hard on the heels of the firm’s about-turn over plans to close either Castle Bromwich or Solihull, originally announced in September 2009.

Read More http://www.birminghammail.net/news/top-stories/2011/01/12/jaguar-land-rover-global-sales-boom-97319-27970160/#ixzz1AtWO2BJa