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Jaguar, Land Rover push Tata Motors up the demand hill
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Quote:Post Tata Motors acquisition of the premium British marquees, the once diminishing luxury auto brands are now giving their benefactor a solid return on investment

Tata Motors bought Jaguar and Land Rover (JLR) unit, from the Ford Motor Company in 2008. Within two short years, the JLR unit, now subsidiaries of the Tata brand have boosted its shares to the highest in at least two decades. From a net loss of 3.29 billion Rupees last year, Tata Motors second quarter results boast a consolidated net profit of 19.89 billion rupees ($429.59 million). The company?s overall revenues have now risen to 270.56 billion rupees from 164.73 billion rupees in the previous year.

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