“Tough month” hits JLR as takeover rumours abound
Weak market conditions in China have hurt Jaguar Land Rover sales in April 2019, as rumours of a merger with French carmakers PSA Group continue.
The company said it had seen its “best ever” sales in the US, with a strong performance in the UK. However this was offset by massive declines in key overseas markets.
Overall JLR reported that retail sales in April 2019 were down 13.3%, with 39,185 vehicles sold, compared to April 2018.
Sales in China declined 45.7% compared to the same month last year. Sales in other overseas ... For the full story register now for free or login below...