English brands Jaguar and Land Rover seem to be thriving under Indian ownership. The Tata owned company sold 130,090 units from January to June 2011, a 13.8% jump over the same period last year, attributed to improved products and strong growth in emerging markets such as China and Russia.
Reports mention that JLR’s new 2.2L diesel engine, as seen in the Jaguar XF saloon, has been good for the brands. Also, Land Rover’s stylish new Range Rover Evoque has found 7,700 new homes up till September, and is seeing high demand. The Evoque was launched in Malaysia earlier this month, priced from RM353,888 for the 2.2L Diesel 5-Door Prestige to RM393,888 for the 2.0L Petrol Coupe Dynamic Plus. Click here to read the launch story.
Along with the sales figures, JLR’s profits (before tax) for Q3 of the 2011-12 financial year were up by almost 9% to £287million, while revenues were up 30% to £2.9billion, compared to Q3 2010.
Earlier, JLR said that it has successfully created more than 1,000 new jobs at its Solihull manufacturing plant. This 25% growth in workforce is to cater for a new model blitz of “40 significant product actions over the next five years.” And judging by recent form, there should be more than a few winners in there.
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the girl on the left looks like she’s wearing a big hat lol
year, it is a Land Rover emblem shaped hat. hahaha.
that’s the way how u do it…………proton should follow tata’s formula to make sure lotus make more money, not just keep spoon fed it
Agree with you eichang… some more seems like lotus drain our tax payer money….
U guys should recall that much of the CAPEX and product pipeline was done under Ford which was forced to sell due to the credit crunch. Tata is lucky and reaping the benefits. Like the Malay saying goes: Lembu punya susu, sapi dapat nama.
I totally agree with you. Lotus has been doing QUITE badly, we can’t entirely (keyword: entirely) blame proton for it. Hope the 500million plan can resuscitate the sales
Yes, but we should also take into consideration that JLR under TATA have a better life cos TATA is generous enough to allow them to do whatever they wish too
Actually. The last of the product from Ford CAPEX was the XF and partly XJ. Since then it has been Tata that been pumping in about $2.1 billion every year for new product development.
Under Ford, JLR was forced to share parts bin with Ford which resulted in the X-Type debacle. JLR also has the advantage of leveraging another Tata group company — Tata Technologies which provides engineering services for other manufacturing companies.
Another advantage JLR has now is the decision making is all done at the UK headquarters and not in Mumbai. The Tata’s have given JLR a free hand in running the company. Earlier everything had to bounce back from Detroit.
I am starting to see so many XFs and quite a few XJs in Dallas TX. Hopefully will start to see the Evoque too.
Seems like the tata indian knows how to sell cars internationally than…..protong…
India Boleh!
paul…any idea when jaguar xf 2.2 diesel will come? and the xf facelifts….
THIS IS INDIA!!!!
Car prices in India are pretty much similar to Malaysia and the fuel is bloody expensive..they can still surviv and thrive there. The diesel is ofcourse real world EURO 4 unlike the primordial diesell EURO 2 we have here..