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UNITED KINGDOM
Cat’s new set of sharper teeth
Jaguar Land Rover dethrones Porsche as most profitable prestige carmaker

Published: Tue, 26 Aug 2014 14:23:11 GMT
 

Land Rover production line 2014

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.

17.3%
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 ago.
...more 


MORE LIKE THIS:

> 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 SUV-Crossovers  21 Jul 2014


> Are we witness to the slow death of the cabriolet in Europe?  18 Jul 2014


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