Tata Motors-owned Jaguar Land Rover has drafted a new 4.5-billion pounds cost-cutting plan to offset…
Mumbai(PTI): Tata Motors-owned Jaguar Land Rover on Wednesday reported its best ever November retail sales of 46,547 vehicles, up 27% as compared to November last year despite a slowdown in China, the world’s largest auto market.
The Coventry-based luxury car maker sold 437,512 vehicles in the first 11 months of 2015, four per cent up on the same period in the previous year.
Retail sales for the month of November were up 70% in the UK, 68% up in Europe, 52 per cent up in North America and 8% up year-on-year in other overseas markets. Retail volumes in China were down 22% for the month, reflecting slowdown in the economy.
“We started the fourth quarter of 2015 with a record October and have followed this up with another historic month of sales, thanks in large part to the performance of the UK and European markets,” JLR Group Sales Operations Director Andy Goss said.
“Jaguar has delivered a strong performance with solid growth in the UK and Europe thanks to the new XE. Land Rover has again seen record sales this month with continued strong global demand for the new and refreshed model line-up,” he said.
Marking its best November yet, Land Rover retailed 38,555 vehicles in the month, up 26% year-on-year.
The best-sellers for the month included the Range Rover Sport, 13% up year-on-year, the Land Rover Discovery, seven per cent up, and the Range Rover, which was 15% up on the previous year. The new
Discovery Sport also marked a growth in popularity, with retails of 9,358 in the month.
Jaguar delivered 7,992 vehicles in the month, up 33% on November 2014.
Europe and the UK recorded impressive year-on-year growth of 123% and 66%, respectively, for the month of November and retails in the overseas region were 29% up year-on-year.
Sales of the new Jaguar XE were 3,953 for the month, with a total of 19,669 retailed since sales began in the summer.