Tata Motors’ UK luxury car unit Jaguar Land Rover booked record sales, revenues and pre-tax profit for the full fiscal year to 31 March, 2013.

Retail sales rose 22% to 374,636 units for revenue up 17% to GBP15.8bn and pre-tax profit was up 11% to GBP1,675m.

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Fiscal year new product launches included the redesigned Range Rover, Jaguar XF Sportbrake [wagon] plus AWD and new market-specific engines for the Jaguar XF and XJ.

China unit sales rose 48%, Asia Pacific 27%, UK 20%, Europe 18%, North America 9% and other export markets 19%.

CEO Ralf Speth said the automaker would spend about GBP2.75bn on new product, staff and infrastructure in the current fiscal year.

JLR is building an engine plant in Wolverhampton, set to open in 2015, which will reduce its dependence on engines from former owner Ford and that automaker’s JVs.

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