JLR posts record sales in six months till June

Reports 22% jump in global retail sales

By: | Published: July 8, 2016 6:31 AM
Tata Motors-owned Jaguar Land Rover on Thursday reported 22% jump in global retail sales to a record 2,91,556 units in the first half of this year riding on robust demand in Europe and the UK. Tata Motors-owned Jaguar Land Rover on Thursday reported 22% jump in global retail sales to a record 2,91,556 units in the first half of this year riding on robust demand in Europe and the UK.

Tata Motors-owned Jaguar Land Rover on Thursday reported 22% jump in global retail sales to a record 2,91,556 units in the first half of 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% 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% in Europe, 21% in the UK, 21% in North America, 19% in China and 11% in overseas markets,” the company added.

Jaguar brand has sold 61,651 vehicles during the period, up 64% from a year ago. Land Rover, on the other hand sold 2,29,905 vehicles in the same period, up 14% 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% up on 2015. June retail sales were up year-on-year across all regions with 44% in North America, 19% in China, 14% in Europe, 8% in the UK and 7% in overseas markets.

Jaguar sales in last month were at 13,171 units, up 84% whilst that of Land Rover were 33,285 units, up 3% 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.

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