Jaguar Land Rover dethrones Porsche as most profitable prestige carmaker

UNITED KINGDOM
Cat�s new set of sharper teeth
Jaguar Land Rover dethrones Porsche as most profitable prestige carmaker

Published: Tue, 26 Aug 2014 14:23:11 GMT
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UK-based premium car maker Jaguar Land Rover (JLR), just like its significantly bigger German prestige sector rivals BMW, Audi and Mercedes, is on a roll. Not just in terms of global unit sales, but the same goes for allout profits

The outwardly most telling sign of JLR�s blooming good health, its pre-tax profit margin during its fiscal first quarter ending June 30th, rocketed to the stratospheric heights formerly occupied by Porsche.

17.3%
JLR's pre-tax profit margin during fiscal first quarter ending June 30th

That�s a jump to 17.3 per cent from the 10.1 per cent posted during the corresponding period last year.

In comparison, Volkswagen-owned Porsche AG�s operating margin during the same April to June quarter (Q2 2014) eased back to �just� 16.6 per cent from the heights of 19.2 per cent during the same period a year ago....more

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17.3% JLR's pre-tax profit margin during fiscal first quarter ending June 30th

17.3%
JLR's pre-tax profit margin during fiscal first quarter ending June 30th