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Mumbai : Jaguar, the luxury-car brand owned by Indian truckmaker Tata Motors, plans to unveil new models including a station wagon and a roadster as the global economic rebound boosts demand.
Jaguar is also considering an entry-level model, Tata Group Chairman Ratan Tata said in the company's annual report for the year ended in March 2010, which was posted on its website. He didn't elaborate.
The operations of Jaguar Land Rover, which Tata bought in 2008 from Ford Motor Co., have been profitable over the last two quarters after the UK-based luxury unit slashed costs, he said. Carl-Peter Forster, who was appointed as Tata's Chief Executive Officer in February, plans to start manufacturing in China as part of a push to expand Jaguar sales in emerging markets.
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