Halewood-based Jaguar Land Rover (JLR) has reported a “strong” first half performance as revenues increase and sales continue to rise.
The company experienced a 22 per cent rise in sales during the first quarter of the current financial year as it sold 115,596 vehicles, which complimented £5.353bn revenues and a pre-tax profit of £924m for the three months.
The group, which currently employs 4,750 staff at its Liverpool base, also experienced “continued solid global demand” for its vehicles; its Range Rover, Range Rover Sport, Range Rover Evoque and the Jaguar F-Type in particular.
JLR chief executive Dr Ralf Speth said:
“This financial performance reflects Jaguar Land Rover’s award-winning product portfolio.
“We are committed to inspire customers with exceptional premium vehicles, delivering the highest standards of quality, technology and customer service.
“We delight people with experiences that they will love, for life.”
Alongside this financial development, the Halewood plant is also preparing to launch the new Land Rover Discovery Sport model, which is expected to create an additional 250 jobs.
Source: Liverpool Echo