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Jaguar Land Rover has recently reported record sales and a 10 per cent rise in revenues, but this didn't increase the annual profits of the carmaker. On the contrary, annual profits at Jaguar Land Rover have paradoxically fallen 40 per cent.This year the British automaker's sales increased 13 per cent to 521,571, and it is the first time the company has broken through the half-million sales barrier. JLR said its pre-tax profits fell down considerably a year earlier, primarily reflecting market conditions during the first half of the year, especially in Chi...
BEIJING/TOKYO (Reuters) -- Toyota Motor Corp. said on Friday more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people."We have now heard that over 50 employees who live in the surrounding area, including in company accommodation, have been injured," Toyota said in a written statement.Toyota said it was not aware of any employee deaths.The explosions resulted in broken windows at two dealerships, one operated by FAW Toyota Motor Sales Co., Ltd., and one operated by GAC Toyota Motor Co., Ltd, Toyota said, adding...
