Thứ Năm, 29 tháng 9, 2011

As Nano Sales Fall, Tata Motors Invests on Jaguar and Land Rover to Raise Profits

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As Nano Sales Fall, Tata Motors Invests on Jaguar and Land Rover to Raise Profits
When Tata Motors bought Jaguar and Land Rover as of Ford in 2008, it had huge tactics for together brands. Driven by similar of the sub-$5,000 Nano, the Indian conglomerate counting contain sufficient funds to safe completely future. Now it earth so as to the tables contain turned, and it's the Jaguar Land Rover (JLR) component so as to may contain to transport in the profits. Jaguar's worldwide similar terrified still additional in the primary quarter, as the lavishness carmaker obtainable a 27% decrease.

“Tata Motors had a attractive flat quarter as far as Jaguar similar are concerned, and Indian passenger vehicles similar went down” supposed Juergen Maier, a boss at Raiffeisen Capital Management in Vienna.

“Everyone is charitable at the Evoque and too the manufactured goods launches as of Jaguar so as to determination assist add to sales”. Ashvin Chotai, the managing director of Intelligence Automotive Asia, agrees: “The corporation now revolves approximately the JLR component and not the additional way around”.

So far, we've uncovered some interesting facts about Land Rover. You may decide that the following information is even more interesting.

Fortunately for Tata, Land Rover is responsibility fairly well: its similar in the history quarter grew by 22% to 50,747 units. And the Range Rover Evoque has by now 18,000 orders still preceding to it officially weapons on sale in September, amazing so as to normal to the brand’s director, John Edwards, determination make a waiting catalog “well eager on after that year” for new buyers.

Tata too has in the pipeline more supposed a few Jaguar crop counting a Sport Break account of the XF and the foreign 200 mph C-X75 hybrid supercar. More importantly, Jaguar determination open a little sedan to rival lavishness heavy similar to BMW’s 3-Series (hopefully by means of improved consequences supposed the X-type).

In arrange to attain its goals, the Tata Group tactics to spend $2.4 counting annually in the growth of 40 new crop and variations of Jaguar and Land Rover heavy in the after that five years.

Story source: Bloomberg


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