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Jaguar Land Rover China's sales growth halves in 2014
(MENAFN) British luxury carmaker Jaguar Land Rover Ltd. sees sales growth in China halving in 2014 and slowing even further in 2015 on a larger base of comparison, Arab News reported.
Jaguar Land Rover's top executive in China said that this year's growth would hit 20 percent, which compares with a 40 percent registered last year, the UK-based automaker said.
'As our volume in absolute terms gets bigger and bigger, it becomes harder to keep doing the double-digit growth. We'll still see reasonable growth but it won't be the stellar growth,' Jaguar Land Rover's head of China said.
Jaguar Land Rover's top executive in China said that this year's growth would hit 20 percent, which compares with a 40 percent registered last year, the UK-based automaker said.
'As our volume in absolute terms gets bigger and bigger, it becomes harder to keep doing the double-digit growth. We'll still see reasonable growth but it won't be the stellar growth,' Jaguar Land Rover's head of China said.
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