JLR in the black
By: Dave Leggett - 26 February 2010 13:56
Things seem to have turned up a bit lately over at Jaguar Land Rover. Sales have sparked into life for both brands – albeit off a low base when compared to early '09 – and Tata Motors has announced that JLR was in profit in the fiscal quarter ended Dec 31. That's not bad going when you consider how the recession seemed to be hammering both brands in the early part of last year. The contribution of cost-cutting is an interesting one. Clearly it has made a difference already and suggests that the JLR cost base isn't quite as ripe for radical surgery as some had feared (and taking a plant out after 2014 suggests further efficiency gains ahead). But the key thing, of course, will be maintaining progress in the coming quarters.
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