Land Rover, Jaguar get Chinese order for 13,000 vehicles

China just gave the folks at Tata the best news they've probably had all year: an order for 13,000 Jaguars and Land Rovers. Sources say the breakdown is 10,000 Land Rovers and 3,000 Jaguars to be delivered over the next three years. The value of the deal for Tata: £600 million. That's almost a quarter of the price Tata paid to buy the two brands from Ford last year and represents nearly 5% of JLR's tally of 251,650 global sales in 2008. It hasn't been revealed who all the cars are for, but the sale was concluded with a Chinese trade delegation visiting the UK. It's a little late, but we're sure Tata is wishing everyone a happy Chinese New Year.

[Source: Business Standard]