Friday, February 3, 2012

Land Rovers Rocks in China



Land Rover sales in China rose 63 % to 17,812, while Jaguar climbed 92 %in the first half of the financial year beginning April 1. Tata motor believes China to become the second-largest market for Land Rover, and the third-largest market for Jaguar in this year.

Luxury carmakers are exploring  China to boost their growth. German luxury-car manufacturers’ sales last year were propelled by demand in China, where they all posted sales gains of at least 30%, led by a 65% jump for Stuttgart-based Porsche. Audi Chief Executive Officer Rupert Stadler estimated last month that China’s car market will expand about 8% in 2012.

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