UK powers JLR's 12% rise in sales

Sales of Jaguar and Land Rover, owned by Tata Motors, surged 12% in April powered by a renewed demand from the United Kingdom on the back of a dull international luxury car market.

JLR reported sales of 28,503 units during last month a growth of 12% as against the same month last year, the company said in a release sent today. Tata Motors stock was trading 1.04% higher on the Bombay Stock Exchange at Rs 300.75.

The UK which is one of the top three markets for JLR reported a surge of 32% during the month but was preceded by the Asia Pacific region which posted a growth of 37% during the same month.

Phil Popham, Jaguar Land Rover’s Director of Group Sales Operations said: “This is a positive start to our second quarter sales and continues the growth trend seen in the first three months of the year. Sales of the Jaguar XF remain buoyant across many of our key markets and we are seeing the positive impact of the all new Range Rover with approaching 15,000 cars sold in the first four months of this year”.
    
In April, Jaguar sold 4,711 vehicles up 12% and constituted 17% of overall JLR sales for the reporting month. Land Rover sales stood at 23,792 vehicles in April up 12% with sales growth reflected in all major regions.

In 2012, Jaguar Land Rover sold 357,773 vehicles, up 30%.