Friday, November 14, 2014

Jaguar Land Rover sales down 2 percent in October, up 11 percent in year to date


The Tata Motors-owned Jaguar Land Rover, the UK's dominating manufacturer of premium luxury vehicles, says it has delivered positive sales performance year-to-date, retailing 384,665 vehicles, up to 11 percent versus the same period last year. Nevertheless, within the period of October, the car maker sold 33,512 vehicles, down 2 percent, largely reflecting production scheduling factors.

Elaborating on October performance, Andy Gross, Jaguar Land Rover Group Sales Operations director said:  ''During a competitive year for premium car sales, I am delighted to see strong demand for our products and that we are still performing well across many of our key markets. Calender year-to-date Jaguar Land Rover has deliver solid growth, up to an impressive 11 percent versus last year.''

Jaguar Land Rover's regional performance calender year-to-date revealed 35 percent growth in China Region, 18 percent in Asia Pacific, 6 percent in UK and 4 percent in North America and in Europe, with other overseas markets 1 percent down.

In the month of October, retails were as follows:  Asia Pacific up 22 percent, UK up 4 percent, China Region up 3 percent, and Europe in line with prior year. Sales overseas were down 4 percent for the month and, in North America, sales were down 19 percent.

Jaguar Land Rover (JLR) delivered 28,149 vehicles in October, down 1 percent. Calender year-to-date sales reached 316,068 vehicles, up 11 percent year-to-year on the back of continued strong customer demand particularly for the Range Rover and Range Rover Sport.

Jaguar sales in the month of October retailed 5,363 down 7 percent. Calender year-to-date sales were up 8 percent year-on-year, retailing 68,597 vehicles, with the F-Type continuing to drive sales and raise brand awareness around the Globe.

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