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Monday, 9 November 2015

Jaguar Land Rover Post its best October sales ever in October 2015

Jaguar Land Rover, UK's leading luxury vehicles manufacturer has reported its best ever October sales in October 2015. The brand reported to have sold 41,553 units globally, up by 24% over October 2014. The company has also seen a rise in the overall sales this year by 2%, selling 390,965 units in the first ten months of 2015.

Andy Goss, Jaguar Land Rover's Group Sales Operations Director commented on the performance, "Our October performance has been driven by very positive market response to the Jaguar XE and Land Rover Discovery Sport, as well as a solid increase in sales of the Range Rover Sport, Land Rover Discovery and Range Rover. Regional retail sales growth was strong, with USA and UK having their best ever October and Europe significantly up on last year. It is also encouraging to see overall sales in China picking up again, reflecting increased demand for the Range Rover Sport and Range Rover, as well as start of sales of the Jaguar XE."

“With the new Jaguar XF and 16 Model Year XJ joining our line-up and orders now being taken for the F-PACE in UK and Europe, our ambitious ongoing expansion and refresh of our product portfolio will continue to grow sales in the coming months.”

Retail sales were up by 74% in North America, and 40% in UK compared to previous year. This significantly reflected in the overall global sales percentage to rise up. The sales were up by 24% in Europe and 9% in China. Sales in other international markets were down by 5%.

Land Rover retailed 34,086 vehicles in the month, up by 21% in year-on-year. This is the best October yet for Land Rover. Its calendar year-to-date 2015 sales reached 323,353, up by 2% on the previous year. The models which topped the list were the Land Rover Discovery, up by 41% year-on-year, Range Rover Sport, up by 40% year-on-year. and the Range Rover, up by 21%. The new Discovery Sport has surged in popularity, selling 7182 in the month.

On the other hand, Jaguar recorded an increase of 39% year-on-year in sales. It sold 7,467 units, thanks to the new Jaguar XE model whose 3,515 units were sold.

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