Jaguar Land Rover has made more than £430 million profit in just three months.
It announced the figures today just a week after saying it was going to start building cars in China to meet huge demands.
The company, which has already created 800 jobs in the last two years, says it's going to invest another two billion pounds.
Jaguar Land Rover made more than four hundred and thirty million pounds profit in just three months. That's double the amount it made in the same period last year.
As our business correspondent Mark Gough reports, huge demand in China is fuelling the rapid growth of the firm with more than two thousand jobs at its factories in the Midlands.
After news Jaguar Land Rover has doubled its profits, Ralf Speth, CEO of Jaguar Land Rover, confirmed it would mean further investment to encourage growth.
– Ralf Speth, CEO Jaguar Land Rover
Jaguar Land Rover will continue to invest in its products, plants and will drive further growth by spending in the region of £2bn in the financial year."
Jaguar Land Rover has doubled its profits from £215m to £431m - a 100 per cent increase on the same period last year. It sold 84,749 cars - a 29 per cent increase.
It's yet another sign of the rapid growth of the company which generated revenues of £3.2bn.