Retail sales in China continued to recover (up 17.4% year-on-year) as the company's local turnaround plan gathered momentum. UK sales were solid but down 21 .6% compared to August 2018, which was boosted by WL TP certification timing factors. Other markets were also down including Europe (1.4%) and North America (9.0%, impacted by new engine introduction timing issues this month), and Overseas (24.7%, primarily softer sales in Korea and MENA).
Demand for the all-new Range Rover Evoque continued to strengthen (up 50.9% year-on-year) with sales just beginning in China, and sales of the Range Rover Sport increased by 6.4%. The Jaguar XJ saw an increase of 31 .1% and sales of the all-electric Jaguar I-PACE also increased. Sales of other models were down year-on-year, including Land Rover Discovery Sport which reflects the run out of the prior model with the refreshed model ramping up.
Jaguar retail sales in August 2019 were 9,702 vehicles, down 17.8% year-on-year and Land Rover retailed 24,474 vehicles, down 1.4% compared to August 2018.
Jaguar Land Rover retail sales for Fiscal 2019/20 year to date (April to August 2019) were 200,736, down 8.0% compared to the same period last year.
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