- Over 25,000 vehicles retailed globally in October, up 10%
- Over 294,000 sales in the first ten months of the calendar year, up 35%
- Strong sales growth in most major markets with sales for the first 10 months of the calendar year up
Jaguar Land Rover sold 25,176 vehicles in the month of October, an increase of 10% from a year ago. The two brands retailed 294,291 vehicles in the first ten months of the 2012 calender year, an increase of 35% compared to the same period a year ago.
October sales were up in all major markets apart from the USA, which was impacted by the hurricane in the last week of the month and in anticipation of new 13 Model Year products for Jaguar.
Jaguar Land Rover has experienced strong sales growth across all major markets in the 2012 calender year to date, with increased sales in North America (up 15%), UK (up 21%), Europe (up 41%), China (up 78%) and Asia Pacific (up 38%).
Phil Popham, Jaguar Land Rover's Director of Group Sales Operations said"We have seen a strong sales performance across both the Jaguar and Land Rover brands in the first ten months of this year."
"During a very competitive year for premium car sales, and in an increasingly uncertain economic environment, I am delighted to see strong demand for our products and that we are still performing well across all our key markets."
October retails for Land Rover were 22,166 vehicles up 3,235 units (17%) from 2011 with Evoque, Range Rover Sport, Discovery, and Freelander all up. Since the start of the year, Land Rover has retailed 249,414 vehicles (up 41%). The all new, high aluminium, Range Rover will go on sale to customers in December.
Jaguar retails for the month of October was 3,010 vehicles down 929 units (24%) primarily due to the impact of the hurricane in the USA and in advance of the introduction of the 2013 Model Year XF and XJ model ranges across all major markets later this year. Key new products include the XF Sportbrake and all‑wheel drive and smaller engine options in the XF and XJ. For the first 10 months of 2012 Jaguar delivered 44,877 vehicles up 8% from a year ago, reflecting the strong performance of the Jaguar XF.
Ends
Notes to editors:
- Jaguar Land Rover has ambitious plans for sustainable growth and profitability.
- Jaguar Land Rover will invest circa £2bn in its products and facilities in the financial year to March 2013.
- Jaguar Land Rover employs 25 000 people and sells vehicles in 170 countries around the world. (80% of our business is exported).
- Jaguar Land Rover has recruited over 8,000 people in the last two years.
- Jaguar Land Rover is building a state of the art advanced engine facility at i54 South Staffordshire Business Park investing £355m and creating 750 new jobs. Construction commenced on 20th June 2012 and is on‑going.
- Jaguar Land Rover makes a significant contribution to the UK economy contributing £7bn GVA in the last financial year.
- One of the UK's largest exporters by value (£8.2bn in 2011) and generates in the region of 85% of its revenue from exports.
- 12 months to 31 March 2012, JLR generated PBT of £1.5bn with revenues of £13.5bn
- JLR is working on plans to extend its global production footprint, particularly in Brazil, India and China.
- Jaguar Land Rover is the only UK automotive company to be rated Platinum in the Business in the Community Corporate Social Responsibility Index 2012.
For more information, please contact:
Ken McConomy, Head of Corporate Relations
M: +44 7714 725 236 E: kmcconom@jaguarlandrover.com
Lisa Palmer, Senior Communications Officer
M: + 44 (0) 7557 540611 E: lpalmer1@jaguarlandrover.com