News Business Tata Motors’ Jaguar Land Rover crosses 500,000 vehicles mark

Tata Motors’ Jaguar Land Rover crosses 500,000 vehicles mark

LONDON: Tata Motors-owned luxury car manufacturer Jaguar Land Rover (JLR) broke the half a million mark for the first time in its history as per its latest vehicle sales results released this week. The

Jaguar Land Rover Jaguar Land Rover

LONDON: Tata Motors-owned luxury car manufacturer Jaguar Land Rover (JLR) broke the half a million mark for the first time in its history as per its latest vehicle sales results released this week. 

The company said in its full-year results for the 2015-16 fiscal year released yesterday that its vehicle retail sales had risen 13% to 521,571.

"Jaguar Land Rover has produced and sold more cars than at any time in our history. We are now the largest automotive manufacturer in the UK and our vehicles have received more than 140 awards across the range for design, technology, safety and environmental sustainability," said JLR CEO Dr Ralf Speth. 

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"During this fiscal year, we have delivered sustainable, profitable growth and introduced new models - such as the Discovery Sport, Jaguar XE and XF that have redefined their market segments. Furthermore, we are on track to deliver even more sensational products that will underpin the future performance of the business," he noted. 

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