Tata Motors reports retail sales for Jaguar Land Rover

For month of October 2017

Tata Motors announced that retail sales for Jaguar Land Rover totalled 46,418 vehicles in October, up 0.2% on October 2016. The results reflect growing sales of the Range Rover Velar and the new Discovery offset by lower sales of the Range Rover and Range Sport in advance of the 18 model year refresh, including PHEV models, as well as the Range Rover Evoque and Jaguar XE.

Retail sales in October were up year-on-year in Overseas markets (15.7%) and in China (12.4%) but down in the UK (18.3%) and in North America (3.2%), as the UK and US automotive markets slow, and down in Europe (3.3%).

Jaguar retail sales were 12,336 vehicles in October, down 14.3% compared to October 2016, primarily reflecting lower sales of the Jaguar XE.

Land Rover retailed 34,082 vehicles in October, up 6.8% compared to October of last year, led by the introduction of the Range Rover Velar and the new Land Rover Discovery.

Powered by Capital Market - Live News