Jaguar Land Rover Revenues up 17%

Tata Motors owned British luxury carmaker, Jaguar Land Rover has today reported revenues of £15.8bn for the fiscal year ended 31st March 2013, up 17% year on year (£13.5bn last year). Retail sales increased 22% to 374,636 vehicles, supported by significant product actions including the all-new Range Rover, Jaguar all-wheel drive XF and XJ and the XF Sportbrake. The company generated positive sales growth in all regions: China up 48%, Asia Pacific up 27%, UK up 20%, Europe up 18%, North America up 9% and other overseas markets up 19%. Profit before tax increased by 11% to £1,675m for the fiscal year (£1,507m last year