Sales in China help Jaguar to £1.5bn profit

Booming demand from China helped drive a record £1.5bn (€1.87bn) profit at resurgent luxury car maker Jaguar Land Rover today.

Booming demand from China helped drive a record £1.5bn (€1.87bn) profit at resurgent luxury car maker Jaguar Land Rover today.

The Midlands-based manufacturer, owned by Indian company Tata Motors, reported a 35% rise in its surplus for the year to the end of March, boosted by strong demand for its Range Rover Evoque.

Sales in China showed strong growth and now account for nearly one in five of the cars sold by the business.

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