New launches to sustain JLR's record FY17 show

Indian operations have been muted due to BS-III ban and lower demand for commercial vehicles

Tata Motors’ UK-based subsidiary Jaguar Land Rover (JLR) reported its highest-ever sales for a year with volumes topping the 600,000 units-mark for FY17. Led by a 21 per cent growth in March 2017 sales and robust performance in China and the US, JLR reported a 16 per cent growth for FY17.  Most of the growth was on account of Jaguar’s new launch F-PACE, coupled with traction in XE and XF models which helped the brand post 83 per cent sales in the last financial year. Most other luxury carmakers (BMW, Audi and Mercedes) are trailing the company on