China Drives Jaguar Land Rover's Solid February Sales Performance
AddThis Social Bookmark Button
By: Jaguar Land Rover

Jaguar Land Rover, the UK's leading manufacturer of premium luxury vehicles today reported its best ever February retail sales of 40,978 vehicles, up 9% on February 2016, thanks to strong sales performances in China and North America. The company sold 88,671 vehicles in the first two months of 2016, 6% up on the same period in the prior year.

Retail sales for the month of February were up year-on-year across many key regions: 40% in China, 16% in North America and 14% in the UK. Europe and other Overseas markets were down 2% and 7% respectively year-on-year.

Commenting on the performance, Andy Goss, Jaguar Land Rover Group Sales Operations Director said: 'I am delighted to see another historic month of sales, thanks in large part to impressive performances in China and North America as well as continued customer demand for the Jaguar F-PACE and Discovery Sport.

'The all-new Land Rover Discovery went on sale in February and the already strong demand makes us optimistic that it will more than outweigh sales of the previous model.'

Jaguar had its best February performance, delivering 12,203 vehicles, up 81% on the previous year, due to continued solid sales of the XE (3,309 vehicles) and the all-new F-PACE (5,323 vehicles). China recorded outstanding year-on-year growth of 118%.

Land Rover retailed 28,775 vehicles in the month, down 6% year-on-year. Best-sellers for the month were the Discovery Sport, retailing 8,357 vehicles, the Range Rover Evoque, retailing 7,806 vehicles and the Range Rover, with retails of 4,790 in the month. Sales have now begun for the all-new Discovery and this month Land Rover launched a new addition to the Range Rover family, the Velar.

◾Jaguar Land Rover is investing £3.5 billion annually to extend its model range and manufacturing footprint, including the investment in a new plant in Slovakia and recently launched models including the all-new Discovery, Range Rover Evoque Convertible and Chinese-market Jaguar XFL.

◾Over the past six years, Jaguar Land Rover has doubled sales and employment, more than tripled turnover, and invested more than £15 billion in new product creation and capital expenditure.

◾The company will invest heavily in new products and facilities in Fiscal 2017 and beyond.


Trending News
  • Football Legends Team Up With Nissan And Habitat For Humanity To Build 'Heisman House'
  • Infiniti QX60 Wins U.S. News & World Report 2017 Best Luxury Three-Row SUV For Families Award
  • Three Mercedes-AMG Motorsport Customer Racing Teams Set For Pirelli World Challenge Sprintx Debut This Weekend
  • Ford Releases Marvel Studios' 'Guardians Of The Galaxy Vol. 2' Commercial, Limited Run Comic Featuring All-New Ecosport
  • Sixty-Second 'Flying Pigs' Video Marks Arrival Of The All-New 2017 Chrysler Pacifica Hybrid

    ◾Jaguar Land Rover is one of the UK's largest exporters and generates around 80% of its revenue from exports.

  • posted on conceptcarz.com

       Recent Articles
    Volvo Cars' First Quarter 2017 Operating Profit Rises 11 Per Cent To Sek3.5 Billion

    Volvo Cars, the premium car maker, reported an operating profit of SEK3.5 billion for the first three months of the year, up 11 per cent from SEK3.1 billion during the same period last year. The increase......
    VOLVO CAR GROUP REPORTS THIRD QUARTER 2016 OPERATING PROFIT INCREASES 62 PER CENT YEAR-ON-YEAR TO SEK2.07BN

    Volvo Car Group, the premium car maker, has reported third quarter operating profit of SEK2,067m compared to SEK1,276m in the same period last year and a year-on-year increase in revenue to SEK41,1bn......
    Volvo Cars Reports Operating Profit Of SEK11BN In 2016

    Volvo Cars, the premium car maker, has reported a robust 66 per cent increase in operating profit in 2016 to SEK11.0bn compared with SEK6.6bn in 2015, as global sales hit a new record of 534,332 cars. Net......
    Fiat Professional Sales Success Continues For March And The First Quarter Of 2017

    Fiat Professionals growing popularity in the UK is illustrated again this week, as new figures show a 44.2% rise in registrations in March 2017, compared with the same month last year. The sales......
    Record Growth: Record First Quarter And Best Month In Corporate History

    – In the first quarter of 2017, ŠKODA sold more cars than ever before: Between January and March, the brand delivered 283,500 vehicles to customers (January-March 2016: 276,600) – 2.5% more than in the......
    BMW Group Global Sales Record Best- Ever March And First Quarter

    254,862 vehicles delivered worldwide in March, up 5.9% BMW sales increase 5.3%, totalling 212,093 MINI sales grow 8.7% to 42,447 BMW Group sales in first quarter up 5.3% to 587,237 More than......