Jaguar Land Rover Reports Record Sales in 2013

LONDON -- Jaguar Land Rover says it sold a record number of vehicles globally in 2013, with 30% growth in the Asian market.

The U.K.-based company, which is owned by India's Tata Motors (TTM), said full year retail sales totaled 425,006 vehicles, up 19% from the previous year.

Most of the cars sold were from the Land Rover brand, which include Range Rovers. The company said the U.S., Germany and India were the top markets for its luxury Jaguar cars.

The car maker said Sunday that sales were up 21% in North America, 14% in the U.K., and 6% in the rest of Europe.

Last year, it announced plans to increase investment in Britain and create hundreds of new jobs.

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