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JLR posts record sales in 6 mths till June

A Jaguar Land Rover logo is seen on the building inside the Chery Jaguar Land Rover plant in Changshu A Jaguar Land Rover logo is seen on the building inside the Chery Jaguar Land Rover plant in Changshu

 

  Tata Motors-owned Jaguar Land Rover on Thurady reported 22 per cent jump in global retail sales to a record 2,91,556 units in the first half this year riding on robust demand in Europe and the UK.

The growth has been primarily driven by an increase in Jaguar sales by 64 per cent for the first half of the year, JLR said in a statement.

With retails of almost 9,500 vehicles, the F-PACE is Jaguar's fastest selling model and the brand's growth is supported by continued strong sales of both the XE and XF, it added.

"During the first half of the year, Jaguar Land Rover has seen increased sales across all of its major regions with 35 per cent in Europe, 21 per cent in the UK, 21 per cent in North America, 19 per cent in China and 11 per cent in overseas markets," the company added.

Jaguar brand has sold 61,651 vehicles during the period, up 64 per cent from a year ago. Land Rover, on the other hand sold 2,29,905 vehicles in the same period, up 14 per cent from the same period last year.

JLR said it was also the company's best-ever June performance, with retail sales of 46,456 vehicles, 17 per cent up on 2015. June retail sales were up year-on-year across all regions with 44 per cent in North America, 19 per cent in China, 14 per cent in Europe, 8 per cent in the UK and 7 per cent in overseas markets.

Jaguar sales in last month were at 13,171 units, up 84 per cent whilst that of Land Rover were 33,285 units, up 3 per cent from June last year.

JLR Group Sales Operations Director Andy Goss said the company saw "record-breaking sales in both the UK and Europe" which was backed up by a strong performance in North America.

"Jaguar has seen unprecedented growth driven by the successful introduction of the Jaguar FPACE as well as continued strong sales of the XE. Land Rover has delivered a solid performance, particularly for the Discovery Sport, which is now the brand's best-selling vehicle," he added.

Jaguar Land Rover introduced new models such as the Range Rover Evoque Convertible and Jaguar F-PACE as well as opened a new 240 million pound facility in Brazil in the first half of 2016.