Archive : Jaguar profits up

NEW YORK TIMES
COMPANY NEWS; JAGUAR REPORTS 46.7% INCREASE IN U.S. CAR SALES
Published: Saturday, January 8, 1994

Jaguar Cars Inc. said yesterday that sales in the United States rose 46.7 percent last year, to 12,734, from 8,681 in 1992. But sales were still substantially below its best year, 1986, when Jaguar sold about 24,000 cars in the United States. Jaguar said last fall that it expected sales in the United States to increase to 15,000 for 1994.

The United States is the biggest market for Jaguar, the British luxury auto maker, which was bought by the Ford Motor Company in 1989. Jaguar has said it must sell about 32,000 or 33,000 cars a year worldwide to break even.

Keith Adams
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