British luxury automobile manufacturer, Jaguar Land Rover, has reported a pre-tax profit of £2.2bn, marking its highest since 2015. The uptick in returns has been attributed to thriving global demand for the company's luxury models, particularly the Defender and Range Rover models manufactured at its Solihull factory.
Category
🗞
NewsTranscript
00:00 British luxury automobile manufacturer Jaguar Land Rover has reported a pre-tax
00:06 profit of £2.2 billion, marking its highest since 2015. The uptick in
00:12 returns has been attributed to thriving global demand for the company's luxury
00:16 models, particularly the Defender and Range Rover models manufactured at its
00:21 Solihull factory. In addition to the company's diesel vehicles, a keen interest
00:26 is also seen in its prototype electric Range Rover, currently in the testing
00:31 phase in the Arctic Circle. Speaking on these profits, their chief executive
00:36 officer stated that sustained global demand for the modern luxury vehicles
00:41 set the stage for this financial performance. In a move to ramp up its
00:45 foray into the electric vehicle category, JLR announced in March that it was
00:51 looking to recruit 250 new engineers to work on the development of electric
00:56 cars at its West Midlands facilities.
00:58 [BLANK_AUDIO]