[Crise? Austerities?] Jaguar Land Rover Reports Record Sales for 2013

CAPITALISM, 13 Jan 2014

Press Association, The Guardian – TRANSCEND Media Service

British car manufacturer owned by Indian Tata Motors says it sold 425,006 vehicles last year – up 19%.

Britain’s largest car manufacturer, Jaguar Land Rover, owned by India’s biggest carmaker, Tata Motors, has reported record-breaking global sales for 2013, the company has said.

Together the British brands sold 425,006 vehicles in 2013 – up 19% on 2012 – setting new sales records in 38 international markets.

In the UK, Jaguar sales were up 15% while Land Rover sales rose 13%.

Around the world, Land Rover represents the largest share of company sales with 348,383 sold in 2013, an increase of 15%.

But demand for the luxury Jaguar has surged over the last 12 months, almost doubling its international sales to 76,668.

Dr Ralf Speth, chief executive of Jaguar Land Rover, said: “2013 has proven to be a very positive year for Jaguar Land Rover thanks to continuing strong demand for vehicles across the range.”

The glowing sales report comes just days after the car giant launched the first phase of a recruitment drive to take on staff at its new engine manufacturing centre.

Around 600 jobs will be created over the next four years at the firm’s site near Wolverhampton in the West Midlands.

More than £500m is being invested in the centre, where low-emission engines will be built.

It also has design and manufacturing plants in Merseyside and Warwickshire and its head office is in Coventry.

The company said it supported more than 190,000 UK jobs through the supply chain, dealer network and “wider economy”.

Go to Original – theguardian.com

Share this article:


DISCLAIMER: The statements, views and opinions expressed in pieces republished here are solely those of the authors and do not necessarily represent those of TMS. In accordance with title 17 U.S.C. section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. TMS has no affiliation whatsoever with the originator of this article nor is TMS endorsed or sponsored by the originator. “GO TO ORIGINAL” links are provided as a convenience to our readers and allow for verification of authenticity. However, as originating pages are often updated by their originating host sites, the versions posted may not match the versions our readers view when clicking the “GO TO ORIGINAL” links. This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

Comments are closed.