Contact UsLive Chat IconLR Parts LogoPerson IconCart Icon0Items in cart£0.00

Attention International customers; please be aware choosing our economy service at check out, these orders will not leave the UK until the 3rd Jan. Express orders will leave on our normal working days.

  1. Home
  2. LR Live
  3. 65 years of success - Jaguar Land Rover celebrate record sales figures

65 years of success - Jaguar Land Rover celebrate record sales figures

Paul
NewsLand Rover

Share this article

  • Share on Facebook Icon
  • Share on Twitter Icon
  • Share via Email Icon

Just weeks after celebrating their 65th anniversary, Jaguar Land Rover made the news again this week - announcing record annual sales, revenues and profits for the last year.

Car sales soared 22% to 374,636 vehicles in the past 12 months, a revenue jump of 17% to the end of March.

That’s £15.8bn, which helped contribute towards a pre-tax profit increase of 11% or £1,675m.

The value of JLR’s Chinese market was highlighted with sales up by 48% to 77,075, that’s just behind the entire European market where it sold 80,994 vehicles, an increase of 18%.

Here in the UK sales improved by 20% to 72,270. While sales in North America were 9% better or 62,959 vehicles in total.

JLR chief executive Dr Ralf Speth made it quite clear that he held production quality and investment responsible for the increases, as well as celebrating the thousands of new jobs that have been created within the company.

“The positive results for the financial year demonstrate that we have strong demand for our great, solid product portfolio all around the world,” he announced.

Jaguar Land Rover invested significantly in the product creation process, in our advanced manufacturing sites and created more than 3,000 jobs.

“This commitment is set to continue with a sustained programme of investment which will see us spend in the region of £2.75bn on a new product, people and infrastructure in the year to March 2014.”

The announcement made welcome reading for the 4,500 workers at the company’s Halewood plant on Merseyside.

The staff there have recently been working round the clock to meet the demand for vehicles, including the new Evoque model.

Image source: http://www.telegraph.co.uk/expat/expatpicturegalleries/9238778/British-companies-sold-abroad-in-pictures.html

Share this article

  • Share on Facebook Icon
  • Share on Twitter Icon
  • Share via Email Icon

Other Blog Posts

GuideLand Rover

The best performance upgrades for your TD5 Land Rover Defender

Paul

In this guide, we'll be exploring the power, performance, and speed enhancements that can be achieved through upgrading the intercooler for a Defender TD5. We'll examine the advantages of upgrading your existing setup and the steps you can take to maximise results. Additionally, we'll briefly mention factors such as removal of the EGR valve and the inclusion of Silicone hoses and a Turbo Boost Box for improved performance.

Read More
InfoDefender

How Reliable is a Land Rover Defender? Uncovering the Facts and Myths

Paul

Land Rover Defender has been a symbol of British automotive engineering for several decades. Known for its ruggedness and versatility, the Defender has garnered a loyal following among off-road enthusiasts and adventure seekers. In recent years, however, questions have been raised about the reliability of this iconic vehicle, with some citing recurring issues and costly repairs.

Read More

Join the LR VIP club

Receive exclusive offers, coupons and more direct to your inbox.