In contrast to the disappointing financial reports recently posted by some of the world’s largest automakers, Jaguar Land Rover (JLR) announced on 1 August 2024 that it had delivered its “best Q1 revenue on record”. From March to the end of June, the Tata-owned company drew in a total of £7.3bn (US$9.3bn)—up 5% year-on-year—and an after-tax profit of £502m, a 55% YoY increase.
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