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Jaguar Land Rover Posts Strong January Sales Gains

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Jaguar Land Rover, the luxury-car maker operated by Tata Motors (NYSE: TTM  ) , has reported strong gains in its January sales figures. The unit sold 34,877 automobiles during the month, a 32% increase over January 2012's figure. Sales were higher in every major region, with a 74% annual rise in China, 46% in the broader Asia Pacific, 33% in the U.K., 24% in North America, and 10% in Europe.

Of the 34,877 autos sold, Land Rover was responsible for 29,118, marking a 31% year-over-year increase. Of the brand's models, the Freelander saw the highest annual rise in sales, at 57%. Land Rover posted January sales records in several major markets, notably the U.S., the U.K., and Germany.

Jaguar sold 5,759 automobiles during the month, or 40% higher than January 2012's figure. The XJ was the model boasting the highest annual increase, at 70%.

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9/23/2016 4:02 PM
TTM $41.03 Down -0.70 -1.68%
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