Jaguar Land Rover's global sales down 0.7% in Jul-Sep

Jaguar Land Rover's global sales down 0.7% in Jul-Sep

AgenciesUpdated: Monday, October 07, 2019, 09:07 PM IST
article-image

New Delhi: Automobile major Jaguar Land Rover (JLR) recorded a 0.7 per cent decline in global sales at 1,28,953 units during the July-September quarter, compared on a year-on-year basis. In a regulatory filing, Tata Motors said Jaguar retail sales for the quarter were 37,323 vehicles, down 11 per cent year-on-year and Land Rover retail sales were 91,630 vehicles, up 4.2 per cent year-on-year.

However, in a sign of recovery, the retail sales of of the company rose in September by 24.3 per cent in China, with a third consecutive month of double-digit sales growth for the company in the region. Sales were slightly up in Europe too with a 0.9 per cent growth.

On the other hand, sales in the US, UK and in overseas markets fell by 1 per cent, 5.1 per cent and 19.2 per cent in September, respectively, compared to a year ago period.

"Retail sales of the Range Rover Evoque continued to grow (54.6 per cent) with sales of the all-new model only just starting in China. Sales were also up strongly for the Range Rover Sport (17.5 per cent) and Jaguar I-PACE (sales of 3,666 units, up 2,593 units)," the Tata Motors' filing said. Commenting on the performance, Felix Brautigam, Chief Commercial Officer of Jaguar Land Rover said: "Against challenging market headwinds, for the third consecutive month we have achieved double-digit growth in China, benefiting from our local turnaround plan and performing ahead of the broader market. "We have also outperformed shrinking markets in other regions."

RECENT STORIES

Infosys Q4 FY24 Earnings: 1.3% Revenue Growth, 30% Surge In Net Profit YoY

Infosys Q4 FY24 Earnings: 1.3% Revenue Growth, 30% Surge In Net Profit YoY

Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat

Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat

Style Revival: Piaggio's Refined Vespa 140th Edition Limited

Style Revival: Piaggio's Refined Vespa 140th Edition Limited

Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut

Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut

Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally

Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally