Jaguar Land Rover announces best-ever October sales
VEHICLE manufacturer Jaguar Land Rover has announced its best ever October retail sales – even growing business in China.
The company said it sold 41,553 vehicles globally last month, up 24% on October 2014. For the first 10 months of the year, it sold 390,965 vehicles, 2% up on the same period last year.
Retail sales for the month of October were 40% up year-on-year in the UK, 74% up in North America, 24% up in Europe and 9% up in China. Other overseas markets were down 5% for the month, which it said reflected the challenging macro-economic environment in countries such as Russia and Brazil.
The latter will be somewhat disappointing for the company ahead of the launch of its new factory there next year.
Commenting on the performance, Andy Goss, Jaguar Land Rover Group Sales Operations Director said: “Our October performance has been driven by very positive market response to the Jaguar XE and Land Rover Discovery Sport, as well as a solid increase in sales of the Range Rover Sport, Land Rover Discovery and Range Rover.
“Regional retail sales growth was strong, with USA and UK having their best ever October and Europe significantly up on last year. It is also encouraging to see overall sales in China picking up again, reflecting increased demand for the Range Rover Sport and Range Rover, as well as start of sales of the Jaguar XE.
“With the new Jaguar XF and 16 Model Year XJ joining our line-up and orders now being taken for the F-PACE in UK and Europe, our ambitious ongoing expansion and refresh of our product portfolio will continue to grow sales in the coming months.”
Marking its best October yet, Land Rover retailed 34,086 vehicles in the month, up 21% year-on-year. Calendar year-to-date sales reached 323,353 vehicles, 2% up on the prior year.
Best-sellers for the month included the Range Rover Sport, 40% up year-on-year, the Land Rover Discovery, 41% up, and the Range Rover, which was 21% up on the previous year.
The new Discovery Sport continues to grow in popularity, with retails of 7,182 in the month. Local production of the Discovery Sport for the Chinese market began in September, with retail sales to begin by the end of the year.
Jaguar delivered 7,467 vehicles in the month, up 39% on October 2014. Calendar year-to-date sales were 67,612, down 1% year-on-year.
Europe and UK recorded outstanding year-on-year growth of 150% and 64%, respectively, for the month of October and retails in the Overseas region were 27% up year-on-year. Sales of the new Jaguar XE were 3,515 for the month, with a total of 15,716 retailed since sales began in the summer. The new mid-sized sports saloon has recently joined the company’s model line-up in China and will go on sale in the USA in spring 2016.
