Credit must be given to Tata Motors for the success they have engineered with their Jaguar Land Rover segment. Forbes believes that the Jaguar Land Rover division accounts for 95% of Tata Motor’s valuation, a testament to the revitalization of both brands and strong sales figures worldwide. According to forecasting from Forbes, JLR’s sales figures should continue to climb, to the tune of 1 million vehicles sold annually by 2020.
Tata has made large-scale investments to develop new technologies and expand production facilities, efforts designed to keep their vehicles best-in-class while having the infrastructure to meet global demand. Jaguar Land Rover currently operates three manufacturing facilities in the UK with 4/5 of all all vehicles produced exported abroad. Plans are already underway to expand production facilities to meet demand in the booming luxury markets found within Brazil and China, regions that will become increasingly important in the years ahead.
2013 saw Jaguar Land Rover sell 425,000 units, an 18.8% increase over the previous year - solid progress and one step closer to reaching the coveted number of 1 million vehicles sold.
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