Tata Motors announces Jaguar Land Rover sales

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Capital Market
Last Updated : Jun 08 2017 | 12:02 AM IST

For month of May 2017

Jaguar Land Rover retail sales reached 45,487 vehicles in May 2017, up 1% compared to May 2016 with continued strong demand for the Jaguar F-PACE, since sales began 12 months ago, and solid sales growth of the long wheel base Jaguar XFL from our China Joint venture.

Retail sales for May were up year-on-year in China (22.7%), and in North America (15.5%). Sales were down in Europe (6.3%) and in the Overseas region (15.0%) as economic conditions remain challenging in emerging markets. UK sales were down 11.2% as customers purchased new vehicles ahead of the increase in Vehicle Excise Duty rates effective from 1 April 2017.

Jaguar hit record May retails with 13,613 vehicles sold, up 28.0% on the previous year with continued solid demand for the F-PACE and growing sales of the long wheel base XFL from its China joint venture. Land Rover retailed 31,874 vehicles in May, down 7.1% on the same month last year, as the sales of the all new Discovery (now on sale in the UK, Europe and China) and solid sales of the Range Rover were more than offset by the impact of Vehicle Excise Duty rates in the UK from 1 April 2017 and challenging conditions in Overseas markets such as Russia, Brazil and South Africa.

Retail sales for Jaguar Land Rover were 265,381 vehicles in the first five months of 2017, up 8.3% compared to the same period last year.

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First Published: Jun 07 2017 | 1:36 PM IST

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