Tata Motors-owned British luxury car maker Jaguar Land Rover India has reported three consecutive quarters of record sales, selling 3,582 units, clocking 93% YoY growth in the nine-month period ending December 31, 2023.
The company says Range Rover and Defender continue to lead with a YoY increase of 250% and 150% (YTD), respectively, contributing to over 75% of the current order book.
In Q3 FY2024, JLR India retailed 1,226 units, up 74% YoY. The newly launched 24MY Range Rover Velar saw a growth of 183% in the quarter, significantly bolstering sales in the period.
Rajan Amba, MD, JLR India said, “Over the past nine months, JLR’s progress in India has been characterised by consistent and substantial growth. Each quarter has shown an impressive year-on-year surge of nearly 100%. The burgeoning order bank and continuous order intake signal a robust demand, underscoring promising future prospects. We are pleased to see that the eagerly awaited Range Rover BEV has generated significant interest among clients across the country, and with our upcoming launches this quarter, we are poised to sustain our remarkable growth trajectory in India.”
The luxury car brand says its order book at the end of Q3 FY24 remains strong with a YoY growth of 92%. The current total order book covers more than eight months of sales and is seeing a consistent increase month-on-month.
JLR’s certified pre-owned business grew by 74% YTD versus the same period last year.
