UK-based premium car maker Jaguar Land Rover (JLR), just like its significantly bigger
German prestige sector rivals BMW, Audi and Mercedes, is on a roll. Not just in terms of
global unit sales, but the same goes for allout profits
The outwardly most telling sign of JLR’s blooming good health, its pre-tax profit margin during its
fiscal first quarter ending June 30th, rocketed to the stratospheric heights formerly occupied by Porsche.
JLR's pre-tax profit margin
during fiscal first quarter ending June 30th
That’s a jump to 17.3 per cent from the 10.1 per cent
posted during the corresponding period last year.
In comparison, Volkswagen-owned Porsche AG’s operating margin during the same April to June quarter
(Q2 2014) eased back to ‘just’ 16.6 per cent from the heights of 19.2 per cent during the same period a year
China’s still booming luxury car market lifts Jaguar Land Rover into record orbit
24 Jul 2014
Soon half the Porsches sold will be trendy
21 Jul 2014
we witness to the slow death of the cabriolet in Europe?
18 Jul 2014