Britain’s largest carmaker, Jaguar Land Rover, has reported record revenues amid continued strong demand for its Range Rover and Defender models, but said it would only hit UK electric car targets via a series of loopholes.
JLR, owned by India’s Tata, revealed on Thursday it had made revenues of £13.8bn between April and September, up 42% on the previous year. In the latest quarter revenues hit £6.9bn, while profit before tax rose year on year to £442m.
