SA's new road rules: What YOU say...

'Cutting speed limits won't stop crashes. Cutting bad driving will.' It's just one of dozens of readers' replies to proposed SA road rules.

Ken Block to debut new Focus RS

Stunt driver Ken Block will debut the new Ford Focus RS at the Goodwood Festival of Speed in June. Block will also showcase his 630kW 1965 Ford Mustang 'Hoonicorn'.

Jag, Landy boost Tata's profits

2012-08-10 09:10

TATA'S BOOST: Jaguar Land Rover has been credited for helping parent company Tata Motors to a first quarter profit for 2012.

MUMBAI, India - Tata Motors said its June quarter profits rose 12% as strong sales of its Jaguar and Land Rover vehicles made up for lacklustre domestic demand.

Profit for the quarter, at 22.5-billion rupees (R3.296-billion), was however, less than expected.

SUBSIDIARY SHINES


India's top automaker said on August 10, 2012 that exceptional foreign exchange losses due to the depreciation of the rupee had hurt earnings.

Strong sales at Tata subsidiary Jaguar Land Rover drove revenue up 30.1% from a year earlier to 433.2-billion rupees (R63.1-billion).

Its domestic business fared less well. Tata sold nearly 10% fewer passenger vehicles in India than it did a year earlier. Stand-alone revenue fell 8.9% to 105.9 billion rupees (R15.37-billion).



NEXT ON WHEELS24X

Read Wheels24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Inside Wheels24

Next-gen Toyota Hilux spotted in action!

Toyota is testing what will become its eighth-generation Toyota Hilux. Check out spy images of the new bakkie action!

There are new stories on the homepage. Click here to see them.