You are here: Home » News-CM » Companies » News
Business Standard

Jaguar Land Rover retail sales up 5% in July 2019

Capital Market 

Jaguar Land Rover retail sales in July 2019 were 37,945 vehicles, up 5.0% compared to July 2018.

The increase was led by recovery in the China market where retail sales grew 40.3% year on year as the company's local turnaround plan began to take effect.

Retail sales growth was also strong in the UK (8.8%) and up in North America (2.1%), broadly flat in Europe (0.3%) and down 20.1% in Overseas markets.

By model, sales growth was led by the all-new Range Rover Evoque which grew an encouraging 64.1%, with retail sales in China to start in August, and Range Rover Sport up 12.4%. Discovery Sport sales were 12.7% down reflecting the run out of the old model while the new refreshed model is still just ramping up.

Jaguar retail sales in July 2019 were 11,386 vehicles, up 3.6% year-on-year and Land Rover retailed 26,559 vehicles, up 5.6% compared to July 2019.

Jaguar Land Rover retail sales for Fiscal 2019/20 year to date (April to July 2019) were 166,560, down 8.3% compared to the same period last year.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 09 2019. 18:10 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU