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Jaguar Land Rover retails sales drop 9.6% (y-o-y) in June 2019

Capital Market 

Jaguar Land Rover retail sales in June 2019 were 47,060 vehicles, down 9.6% compared to June 2018.

Retail sales were up in the UK (4.6%) but down in other regions including North America (-9.0%), Europe (-11.7%), China (-12.3%) and in Overseas markets (-18.6%), reflecting generally weaker industry conditions. While China sales remained down year on year in June, sales there were up 23.1% from May.

Jaguar Land Rover UK sales set a new record for June, despite the industry being down 4.9%.

Retail sales of the all-electric I-PACE and the new Range Rover Evoque grew, while other models were impacted by the weaker general market conditions. Discovery Sport sales also reflected anticipation of the launch of the new refreshed model.

Jaguar retail sales in June 2019 were 14,933 vehicles, down 8.5% year-on-year and Land Rover retailed 32,127 vehicles, down 10.1% compared to June 2019.

Jaguar Land Rover total retail sales for Q1 FY 2019/20 were 128,615, down 11 .6% compared to the same period last year.

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

First Published: Wed, July 10 2019. 16:33 IST
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