Profits jump at Jaguar Land Rover

Tue, 05/29/2012 - 08:57 EDT - BBCNews

Jaguar Land Rover, the Indian-owned car manufacturer, announces a 34% rise in profits as sales hit a record high due to strong demand from China.

Britain's Jaguar Land Rover taps global markets for record sales
By Tommy Wilkes LONDON (Reuters) - Bri
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VIDEO: Strong China sales boost JLR profits
Jaguar Land Rover, the Indian-owned car manufacturer, has reported a 34% rise in profits after sales hit a record high.
Jaguar Land Rover to create 1,700 jobs in UK
Indian-owned luxury carmaker Jaguar Land Rover said Tuesday that it will create 1,700 jobs at a British plant in a £1.5-billion ($2.4-billion, 1.8-billion-euro) investment.The new jobs will be created at its factory in Solihull, near Birmingham, said a statement from Jaguar Land Rover, which is owned by India's Tata Motors."Jaguar Land Rover today announced an investment ... to introduce an all-new technically-advanced aluminium vehicle architecture in forthcoming models," it said.

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