Thursday, 7 April 2016

JLR claims record 2015-16 year sales

JaguarLandRover, the ‘largest manufacturer in Britain’ has reported a record-breaking month, quarter and financial year, with Jaguar just missing topping 100,000 vehicles sold in 2015-16.

JaguarLandRover (JLR) retailed 521,571 vehicles in fiscal 2015/16, 13 per cent up on the previous year.  Of that, Jaguar sold 94,449 vehicles and Land Rover sold 427,122 vehicles. This was the company’s strongest performing fiscal year.
As part of this, JLR, which achieves over 80 per cent of revenue from exports, claims global sales in March totalled 75,303 vehicles, up 29 per cent year on year.
In the first three months of the year, JLR sold 158,813 vehicles in the first three months, 28 per cent up on the same period in the prior year.
Retail sales for the month of March were up year-on-year across all regions: 49 per cent in Europe, 43 per cent in China, 33 per cent in North America and 16 per cent in the UK.  
Other overseas markets were up 17 per cent year-on-year.
Marking its best March yet, Land Rover retailed 60,128 vehicles in the month, up 22 per cent year-on-year. Best-sellers for the month were the Discovery Sport, retailing 16,937 vehicles, the Range Rover Evoque, retailing 15,904 vehicles and the Range Rover Sport, with retails of 11,003 in the month.
Calendar year-to-date sales for Land Rover reached 128,959 vehicles, 23 per cent up on the prior year.
Jaguar recorded its best March, delivering 15,175 vehicles, up 62% per cent on the previous year, due to strong sales of the XE (6,521 vehicles) and the all-new XF (5,331 vehicles).
Jaguar recorded significant year-on-year growth across all five of its key regions, with Europe excelling, up 151%. Calendar year-to-date sales for Jaguar were 29,854, up 54 per cent year-on-year.
Customer deliveries of the eagerly anticipated Jaguar F-PACE will begin next month.
In the year, the company has introduced new cars and technologies to market, including the Jaguar XE and XF and Land Rover Discovery Sport.
Commenting on the performance, Andy Goss, JaguarLandRover group sales operations director said: “We have brought out exciting new premium cars and new technologies including our family of Ingenium engines, all-wheel drive for Jaguar and state-of-the-art connectivity. We have broadened the appeal of our cars, making them even more desirable and delivering what our global customers really want.”

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