Jaguar Land Rover to revive 09 fiscal year profit Tata success
Super cars news, comprehensive foreign coverage India automobile manufacturers automobile Tata (Tata Motors Ltd.) recently released data show that due to its Jaguar Land Rover brand management drastically improved, Tata successfully in fiscal 2009 (from April 2009 to March 2010) deficits.
2009 fiscal year, Tata Motors combined net profit reached 257 billion rupees (about 5.43 million), while affected by fiscal 2008 Jaguar Land Rover big losses as a result, Tata loss up to 251 million rupees. Fiscal 2009 Tata Motors net profit also exceed the industry average of 156 million rupees.
As the global economic environment improves, the recovery of the automobile market demand, Tata subsidiary Jaguar Land Rover in the 2009 fiscal year pre-tax profit reached 32 million pounds (approximately 4600 million). In addition to external factors, Jaguar Land Rover internal also implemented a series of cost reduction measures (such as a total reduction of 2200 workers) and the introduction of several new models.
In 2008, Tata Motors to 25 billion from price hand Ford bought Jaguar Land Rover brand. But the deal has not been good from the outside world, people even once that Jaguar Land Rover to "peiqianhuo".