Its US sales went up last year.
"There is always room for further growth and the growth will have to come from new product,” Eberhardt said.
Earlier this year Jaguar Land Rover posted losses of £3.4 billion, which came following a sales slump of 35 percent in China, which is currently the world's biggest car market. It is also in the process of cutting around 10 percent of its workforce (equating to around 4,500 jobs) as it works on a turnaround plan. Eberhardt also revealed in his interview with Automotive News Europe that the company's US arm had also done its bit to cut costs, but he didn't say exactly what.