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8
January 2018
 |
Jaguar
Land Rover (The
Total Investment & Insurance Solutions)
Jaguar
Land Rover, key subsidiary of Tata Motors Limited (TTMT), reported retail sales
of 621,109 vehicles in December 2017 against 583,312 vehicles in December 2016,
growth of 6.5% yoy. Jaguar retail sales were strong, reporting growth of 20%.
It sold 178,601 vehicles globally in December 2017 against 148,730 vehicles in
December 2016. Sales growth for Land Rover was weak at 2%. The Total Investment & Insurance
Solutions
For the month of December 2017, JLR saw marginal growth of 1%, led by growth of 4% for Land Rover and 8% de-growth for Jaguar. Retail sales in December 2017 were up in overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US. The newer models such as E-PACE and Velar performed well globally while China-specific model XFL led growth in that country. The Total Investment & Insurance Solutions
The company expects going to get tough in UK due to weak consumer confidence and diesel tax. The Total Investment & Insurance Solutions
Jaguar Land Rover Limited is a British multinational automotive company with its headquarters in Whitley, Coventry, United Kingdom, and a subsidiary of Indian automaker Tata Motors. The principal activity of Jaguar Land Rover Limited is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover (including Range Rover) marquesThe Total Investment & Insurance Solutions
For the month of December 2017, JLR saw marginal growth of 1%, led by growth of 4% for Land Rover and 8% de-growth for Jaguar. Retail sales in December 2017 were up in overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US. The newer models such as E-PACE and Velar performed well globally while China-specific model XFL led growth in that country. The Total Investment & Insurance Solutions
The company expects going to get tough in UK due to weak consumer confidence and diesel tax. The Total Investment & Insurance Solutions
Jaguar Land Rover Limited is a British multinational automotive company with its headquarters in Whitley, Coventry, United Kingdom, and a subsidiary of Indian automaker Tata Motors. The principal activity of Jaguar Land Rover Limited is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover (including Range Rover) marquesThe Total Investment & Insurance Solutions
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