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.

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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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