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Stock Market & Financial Investment News

News Breaks
January 3, 2014
13:29 EDTTTMJaguar Land Rover North America reports December sales up 17% to 7,308 units
Jaguar Land Rover also reported FY13 sales: Land Rover sales for the year achieved an all-time high of 50,010 up 15% from 43,664 in 2012; Jaguar sales for the year were 16,952 up 41% from 12,011 in 2012; Jaguar Land Rover North America sales for the year were 66,962; up 20% from 55,675 units in 2012.
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March 20, 2015
05:57 EDTTTMLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link

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