Jaguar Land Rover posts record $2.5 billion profit
May 30 , 2013
Jaguar Land Rover posted record profits of $2.5 billion on Wednesday.
Pre-tax annual profits were up by 11 percent, curbing a 36 percent drop in profits at the company's parent group, Tata Motors.
Total global sales at Jaguar Land Rover increased by 22 percent to 375,000 vehicles.
During the 2012-13 financial year, the company unveiled the new Range Rover, the Jaguar XF and XJ as well as the XF Sportbrake.