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Profits of over £800m could see Jaguar Land Rover investment in recruitment

14 Mar 14  | Recruitment News
 

Strong 2013 profits for British car manufacturer Jaguar Land Rover could mean more jobs are created this year.

According to bbc.co.uk, the UK manufacturer recorded profits of £842 million in this time period. This compared to profits of £404 million in the last three months of 2012.


Sales of JLR cars also rose 27 per cent year on year during the third quarter of 2013, meaning the manufacturer sold a total of 112,172 vehicles.

The firm is currently headquartered in Whitley, Coventry. It also has four other facilities for research and development, manufacturing and vehicle assembly in the UK. This includes its branch at Wolverhampton. The firm announced just last month that it would be recruiting 1,400 workers to this branch over the next few years and this new announcement could signal even more jobs growth.

Talking about the positive performance of the brand, chief executive of the firm, Ralf Seph, attributed the rise to high car quality. He told liverpoolecho.co.uk: "Our financial performance for this and the preceding quarters is a testament to the quality of Jaguar Land Rover's award-winning product offerings which continue to meet the exacting standards demanded by our customers around the world."

Sales of the brand may have been fuelled by the Range Rover Sport, as well as the Jaguar XJ and XF, which both proved popular with car buyers last year. 
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