SHANGHAI (Reuters) - Jaguar Land Rover Ltd aims to increase its sales by 20-30 percent this year in China, its biggest market, and sustain the same pace over the next three to five years, the company's China chief said on Saturday. Most of the growth will likely come from southern and western regions where sales are exploding as growth in mega-city markets like Beijing and Shanghai slows, Bob Grace told Reuters on the sidelines of the Shanghai autoshow. In order to keep up with demand, JLR plans to boost the number of dealerships for the two brands to about 200 by the end of 2014
Reported by Firstpost 5 hours ago.
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