Business Standard

Monday, December 23, 2024 | 04:48 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Jaguar Land Rover August global retail sales decline 4.9% at 36,629 units

Sales of Jaguar brand were up 7.7% at 11,802 units last month, while those of Land Rover stood at 24,827 unit

Jaguar Land Rover

ghgh

Press Trust of India New Delhi

Tata Motors-owned Jaguar Land Rover (JLR) Friday reported a 4.9 per cent decline in global retail sales at 36,629 units in August.

Sales of Jaguar brand were up 7.7 per cent at 11,802 units last month, while those of Land Rover stood at 24,827 units, a decline of 9.9 per cent, the company said in a statement.

"We are continuing to see challenges in our key markets. The China market is seeing uncertainty following tariff changes and trade tensions although lower tariffs on UK imports should be beneficial over the full year," JLR Chief Commercial Officer Felix Brautigam said.

Concerns over diesel and Brexit continue to weigh on the industry in the UK and Europe although August UK sales were encouraging, he added.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 07 2018 | 8:55 PM IST

Explore News