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Tata Motors Owned JLR Posts 4.3% Growth In Total Retail Sales In August

The growth has been attributed to the introduction of the new Range Rover Velar and the long wheel base Jaguar XFL in China as well as continuing strong sales of Discovery Sport and F-PACE

Photo Credit : coventrytelegraph.net

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Tata Motors owned Jaguar Land Rover has registered 4.3 per cent year-on-year growth in its total retail sales in August 2017 and stood at 38,519 vehicles primarily reflecting the introduction of the new Range Rover Velar and the long wheel base Jaguar XFL in China as well as continuing strong sales of Discovery Sport and F-PACE.

By market, retail sales were up 29.9 per cent year-on-year in China and 2 per cent in North America which more than compensated for lower retails in the UK (down 11.7 per cent) where total passenger car sales trended lower, in Europe (down 9.4 per cent) and in overseas markets (down 5.4 per cent) reflecting general economic conditions there.

Andy Goss, Jaguar Land Rover Group Sales Operations Director, said “A promising performance in North America has led to another month of global growth for Jaguar Land Rover, driven by continuing strong sales of the Jaguar F-PACE and the new Range Rover Velar.”

“China sales were also buoyant in August, thanks to the long wheel base Jaguar XFL and the Jaguar F-PACE, as well as strong sales of the Discovery Sport and Evoque.”

Jaguar retail sales reached 10,960 vehicles in August, up 0.8 per cent on August 2016, driven by the introduction of the long wheel base Jaguar XF in China and continuing solid sales of F-PACE.

Land Rover retailed 27,559 vehicles in August, up 5.8 per cent year on year, reflecting the introduction of the new Range Rover Velar and continuing strong sales of the Discovery Sport and Range Rover.

Jaguar Land Rover is investing in excess of £4 billion annually to extend its model range and manufacturing footprint, including the investment in a new plant in Slovakia and recently launched models including the new Discovery, Range Rover Velar and the Jaguar XF Sportbrake as well as forthcoming models including Jaguar’s new compact performance SUV the E-PACE.