|
May 2018 |
Change year‑on‑year |
Jan – May 2018 |
Change year‑on‑year |
|
|
Jaguar Land Rover |
48,281 |
6.1% |
266,170 |
0.3% |
|
Jaguar |
14,507 |
6.6% |
77,727 |
(2.7)% |
|
Land Rover |
33,774 |
6.0% |
188,443 |
1.6% |
Jaguar Land Rover today reported total retail sales of 48,281 vehicles in May 2018, up 6.1% year on year. The sales growth was primarily driven by the introduction of new models including the Range Rover Velar, the Jaguar E‑PACE and the new Land Rover Discovery.
Retail sales for May were up significantly year‑on‑year in Overseas markets (24.0%), in the UK (20.9%) and in North America (16.7%) but down in Europe (8.7%) and in China (8.1%) as import duty reduction is resulting in deferred purchases in advance of the 1 July effective date.
Strong demand for Land Rover vehicles drove our performance in May particularly in the US and UK. The new, award winning Range Rover Velar was an important contributor. Also our latest Range Rover and Range Rover Sport models, including plug‑in hybrid options, have been performing particularly well in key markets.
For Jaguar we’ve had very positive customer response and industry reviews about the innovative Jaguar I‑PACE, our first battery electric vehicle. With deliveries starting this summer we expect demand to be strong. Sales for the Jaguar E‑PACE also continue to ramp up and we look forward to retails of this exciting sporty compact SUV beginning in China in August.
China is a key market for us and we welcome the reduction in import tariffs announced in May. Although there has been an initial drop in sales as customers weigh up what it means for them, all indications are that this will be temporary and the move mid‑term will further strengthen demand.
Felix Brautigam
Jaguar Land Rover Chief Commercial Officer
Jaguar retail sales were 14,507 vehicles in May, up 6.6% on April last year, thanks to the introduction of the E‑PACE, partially offset by lower sales of F‑PACE and other models.
Land Rover retailed 33,774 vehicles in May, up 6.0% year on year led by the introduction of Velar and the new Discovery, partially offset by lower sales of Evoque and Discovery Sport. Sales of the refreshed Range Rover and Range Rover Sport (including PHEVs) are still ramping up.
Jaguar Land Rover total retail sales for the calendar year to date were 266,170, up 0.3% year‑on‑year as the introduction of new models were offset by lower sales of more established models.