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Jaguar Land Rover records 24% jump in Q2 sales in China

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Capital Market
Jaguar Land Rover retail sales for the quarter ending 30 September 2019 were 128,953 vehicles, slightly down (-0.7%) compared to the same period a year ago.

These results reflect an encouraging recovery of Jaguar Land Rover retail sales in China (up 24.3%), with a third consecutive month of double-digit sales growth for the company in the region. Sales were also up slightly in Europe (+0.9%), offset by lower sales in the US (-1.0%), UK (-5.1 %) and in Overseas markets (-19.2%).

Retail sales of the Range Rover Evoque continued to grow (+54.6%) with sales of the all-new model only just starting in China. Sales were also up strongly for the Range Rover Sport (+17.5%) and Jaguar I-PACE (sales of 3,666 units, up 2,593 units). Models with lower year-on-year figures include the Land Rover Discovery Sport with sales of the new mid-cycle refreshed model still ramping up and sales in China only starting later in the year.

 

Jaguar retail sales for the quarter were 37,323 vehicles, down 11.0% year-on-year and Land Rover retails were 91 ,630 vehicles, up 4.2% year-on-year.

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First Published: Oct 07 2019 | 6:29 PM IST

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