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Jaguar Land Rover posts record revenues as sales increase

Jaguar Land Rover posts record revenues as sales increase

by admin
November 2, 2023
in Auto News
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  • 2023 land rover defender outbound front three quarters 2

    Defender, Vary Rover and Vary Rover Sport make up 77% of 168,000 order financial institution

Shut

Felix Page

2 minutes learn

2 November 2023

Jaguar Land Rover (JLR) posted document revenues of £13.8 billion within the first half of the monetary 12 months, a 42% year-on-year improve, alongside a considerable revenue improve.

The producer’s monetary outcomes for the second quarter of the 2023-2024 monetary 12 months reveal it generated £6.9bn in income from July to September, with a pre-tax revenue determine of £442 million – up from a £173m loss in the identical quarter final 12 months.

The newest numbers mirror a speedy restoration from heavy losses within the wake of the pandemic.

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