Jaguar Land Rover's revenue and profit both increased in Q4 2023

Thanks to strong market demand for the Range Rover and Defender, Jaguar Land Rover's revenue in the fourth quarter of 2023 increased by 23% year-on-year to 7.4 billion pounds, and its pre-tax profit increased by 73% year-on-year to 627 million pounds, marking the most profitable quarter since 2017.