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Jaguar Land Rover's profit falls most in two years on China sales

It says new launches, and conditions in China and Russia, may lead to lower Ebitda margins relative to sales in 2015

Jaguar Land Rover sees a changing Chinese market with more pricing pressure in more segments than in the past, after deliveries of its cars in China fall 20 per cent in the three months to March.


JAGUAR Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the world's largest vehicle market.

Profit fell 33 per cent to £302 million (S$628 million) in...

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