Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
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%.