Jaguar Land Rover starts its financial year strong.
The first quarter of Jaguar Land Rover’s financial year is in the books, and the results have shown that it’s the best first quarter for the company’s revenue on record. Revenue for the quarter increased by 5 percent year-over-year, and profit before tax and exceptional items increased by a staggering 59 percent.
However, it’s in the near future where Jaguar Land Rover has the most exciting things to report. At the beginning of July, Jaguar Land Rover revealed a high-performance version of the Defender: the Defender Octa, offering the most luxury and power seen on a production version of the off-road legend yet.
In addition, Jaguar Land Rover’s luxury icon is on the cusp of a revolution, the Range Rover Electric. Customers are excited for the electric rendition of the half-century luxury SUV titan to arrive, with Jaguar Land Rover reporting that roughly 41,000 have signed up for the model’s waitlist.
With sustainability and futuristic luxury at the top of its priorities, along with high performance and off-road thrill, Jaguar Land Rover’s highly successful Q1 2024 marks the start of what is hopefully a robust financial year, with exciting new models arriving to the brands’ lineups.
