Aston Martin Revises Revenue Estimates Upward
Aston Martin

Revenue Estimates for Aston Martin Revised Upward

Aston Martin has announced that it has bumped up its revenue forecasts for the second time this year following a record six months of profits. The renowned British carmaker today announced a pre-tax profit of £21.1m for the six months to 30 June. During the same period last year, the firm suffered e a loss of £82.3m.

JAGUAR LAND ROVER REPORTS 13% YEAR-ON-YEAR INCREASE IN THIRD QUARTER REVENUE
Corporate Business

Jaguar Land Rover 13% Year-on-Year Increase in 3rd Qtr Revenue

Jaguar Land Rover Automotive plc, the UK’s largest car manufacturer, this past Tuesday reported a 13% increase in revenue to £6.5bn with strong customer demand in the three months to December 31, 2016. Total retail sales of 149,288 vehicles, up 8.5% year-on-year, were a record for the third quarter with higher volumes in China, (up 38.4% including sales from the China joint venture), North America (up 19.8%) and Europe (up 7.0%) led by strong sales of Discovery Sport, Jaguar F-PACE and the Jaguar XF (including the new long wheelbase Jaguar XFL in China).

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Corporate Business

Jaguar Land Rover Announces Record Profits

Coventry Telegraph is reporting that Jaguar Land Rover has clocked up a record year in business – with colossal profits of more than £2.6billion. The Coventry-based car giant has revealed its full-year results which show the record pre-tax earnings are up £113million on the previous year. JLR also announced revenues of £21.86billion for the year to March 31, 2015, up by £2.48billion in 12 months. Bosses at the firm, which has its global headquarters at Whitley, said it marks a ‘fifth successive year of solid growth, robust financial results and continuous investment in its future.’ Jaguar Land Rover chief executive officer, Dr Ralf Speth said: “Jaguar Land Rover has delivered five years of solid financial results, enabling us to invest in our long-term future. “This has positioned the company strategically and financially for continued sustainable growth. For further details, check out […]