MG Motor UK has maintained its position as the UK’s fastest-growing car manufacturer after posting its 25th consecutive month of year-on-year growth in November. MG recorded 1,186 sales over the course of the month, a 29% increase compared to last November. MG also achieved a record monthly market share since, securing 0.76% of the new car market. Year-to-date, MG has sold 11,373 cars, 35% more than in the same 11 months last year.
MG Motor UK is celebrating its nineteenth consecutive record-breaking month for sales with the confirmation of May’s sales figures by the SMMT. With sales reaching 1,212 cars in May alone, MG has seen its second largest month ever, increasing its volume by almost 50% compared to the same month in 2018. Year-to-date MG’s sales volume is up by almost 53%, meaning that MG retains its crown as the fastest-growing car manufacturer in the UK.
Jaguar Land Rover retail sales in February 2019 were 38,288 vehicles, down 4.1% compared to February last year. Strong sales of I-PACE, E-PACE, refreshed Range Rover and Range Rover Sport were offset by overall weak customer demand in China as well as the run out of the old Range Rover Evoque, with sales of the all-new Evoque expected to ramp up over the coming months. February 2019 Change year-on-year Apr 2018 – Feb 2019 Change year-on-year Jaguar Land Rover 38,288 (4.1)% 502,020 (5.4)% Jaguar 12,235 5.8% 155,936 3.8% Land Rover 26,053 (8.1)% 346,084 (9.0)% Retail sales were up significantly in North America (25.4%), UK (11.3%) and modestly higher in Europe (1.1%) but weaker market conditions continued to weigh on sales in China (down 47.6%).
Global sales for McLaren Automotive, the British creator of luxury sports cars and supercars, rose to 4,806 cars in 2018 with sales up 43.9 percent over the previous year. This is another record for the company which has increased sales every year since its formation in 2010. North America, which represents McLaren’s biggest single market and over a third of global sales, surpassed the 5,000 cars sold mark since sales started in 2011 and achieved another year of record growth. European sales rose 44.2 percent but the biggest leap was seen in China at 122.5 percent growth following the introduction of the 570S Spider and 720S. China now accounts for almost 7 percent of the total global sales. McLaren’s UK domestic market remained strong, achieving a 49.2 percent year-on-year growth.
Morgan Motor Company announced record profits as it prepares to launch a range of vehicles in its 110th year. The iconic Malvern-based family-owned firm, which employs 204 staff, said profits jumped to £3.6million last year from £2million 12 months earlier. Output dropped from 750 to 681 cars as the firm said goodbye to the thirsty V8 engine and the Aero 8 and Plus 8 models which use it. Morgan is expected to launch a more frugal but sportier replacement at this spring’s Geneva Motor Show.
MG Motor UK has smashed its record for January new car sales. The latest figures from the Society of Motor Manufacturers & Traders (SMMT) show a significant increase for the iconic British brand with 754 new car registrations secured in January, an increase of 59% versus 2018. MG is gaining a reputation as a rapidly growing vehicle manufacturer. The impressive start to 2019 marks another record month for MG as the company seeks to build on the success of 2018. Already three new dealerships have joined the network this year, with plans for even more new sites to open in Q1. Recent appointments to the MG dealer network include Horsham Car Centre in West Sussex, Thompson First in Gloucestershire and Desira in Diss. Daniel Gregorious, Head of Sales & Marketing at MG Motor UK, commented: January was another record-breaking month […]
Jaguar Land Rover today reported January 2019 US sales: Land Rover had its best-ever January sales month with 7,385 units, an increase of 15 percent from 6,446 in January 2018; Jaguar sales were 3,078 units, an 18 percent increase from 2,604 units in January 2018. Jaguar Land Rover total January US sales reached 10,463 units, a 16 percent increase from 9,050 units in January 2018. We are pleased to have achieved our best January sales month ever for Jaguar Land Rover in the U.S. Our business is well positioned as our SUV sales continue to surge with record-breaking sales results for both Range Rover Sport and Land Rover Discovery. With the debut of the Range Rover Evoque SUV in February, we look forward to keeping this momentum going in the new year. — Joe Eberhardt, President and CEO, Jaguar Land Rover […]
Land Rover broke their United States sales record in 2018, moving 92,143 new trucks. This smashed the prior record from 2017 by a whopping 23 percent. Range Rover and Range Rover Sport also set new single-year sales records, moving 19,030 and 24,282 units, respectively. This December was the best ever, moving 10,617 vehicles, an increase of 33% over the prior record. Range Rover and Range Rover Evoque set new December records, at 2,231 and 1,594. By comparison, from the re-introduction of Land Rover vehicles to North America in March 1987, it took a decade, until mid-1997, to sell as many vehicles as they sold in 2018 alone. Full-size Range Rover sales for 2018 totaled more than half of the entire production of North American Range Rover Classics from 1987 to 1995.
MG Motor UK is celebrating its biggest year ever after achieving record car sales in 2018. Figures released today by the SMMT confirmed that MG had reached its stated 2018 goal of more than doubling its sales volume versus the previous year.
Rolls-Royce Motor Cars has achieved the highest annual sales in the marque’s 115-year history, with 4,107 cars delivered to customers in over 50 countries around the world in 2018, and continues to generate a positive contribution to its shareholder, the BMW Group. In a year of multiple records, the world’s foremost Luxury House also enjoyed unprecedented demand for its Bespoke creations and launched the new Cullinan – the Rolls-Royce of SUVs – to great international acclaim. Reflecting on the company’s performance for the year, Torsten Müller-Ötvös, CEO, Rolls-Royce Motor Cars, said: 2018 was a most successful, record-breaking year for Rolls-Royce. We have seen growth in all our regions around the world. At Rolls-Royce we are deeply focused on each and every one of our customers and are delivering on their demanding expectations. The Home of Rolls-Royce at Goodwood is acknowledged and […]
Lotus Cars has posted its strongest sales results in seven years with 1,630 cars sold worldwide in 2018. Concluding a landmark year for the company, 2018 saw Lotus celebrate its 70th birthday, new majority ownership from Geely, substantial investment in product development and new facilities, and a number of senior appointments, with respected auto and luxury-sector leader, Phil Popham, joining as CEO.
With the iconic British brand having sold in excess of 7,000 new cars this year, it’s no surprise that MG’s aftersales team is also reaping the rewards of exceptional market growth. In a statement to dealers at the annual aftersales conference earlier this month (November), MG Motor UK confirmed that not only was it on track to double accessories sales year-on-year, but it had matched annual parts sales from 2017, by the third week of July.
Jaguar Land Rover today reported total retail sales of 57,114 vehicles in September 2018, down 12.3% year on year despite strong sales for new models including the Range Rover Velar and the Jaguar I-PACE and E-PACE. Sales in China declined by 46.2%, as ongoing market uncertainty resulting from import duty changes and continued trade tensions held back consumer demand.
MG Motor UK continues to be the fastest growing car manufacturer in the UK after achieving its most successful Q3 ever. Boosted by the launch of New MG3, the latest iteration of its successful B-segment hatchback, MG sold over 2,400 cars in Q3, beating last year’s volume by almost 82%. September’s sales results, taken from the latest Society of Motor Manufacturers & Traders (SMMT) market report, show that MG topped 1,000 registrations in a single month for only the third time ever, reaching an impressive 1,010 sales in the plate-change month. This represents a 20% volume growth in a challenging market which fell by over 20% versus 2017.
Jaguar Land Rover today reported total worldwide retail sales of 36,629 vehicles in August 2018, down 4.9% year on year. August 2018 Change year-on-year Jan – Aug 2018 Change year-on-year Jaguar – Land Rover 36,629 (4.9)% 390,992 (2.6)% Jaguar 11,802 7.7% 116,849 (1.9)% Land Rover 24,827 (9.9)% 274,143 (2.9)% Retail sales were up in the UK (64.9%), Overseas markets (20.2%) and North America (2.5%), with Europe slightly below last year (3.1%), waiting for last WLTP certifications. The China market remains unsettled following tariff changes and trade tensions (down 38.1%), although the reduction in duty from 25% to 15% is expected to be beneficial over the full year. UK sales were boosted by a catch up in WLTP certification of vehicles with only 2 derivatives remaining to be certified in September.
Led by the release of the new MG3, MG Motor UK continues to go from strength-to-strength in 2018 by once again announcing record new car sales. The August sales results, taken from the latest SMMT market report, show that MG has achieved an impressive 5,685 new car registrations so far in 2018, over 1,000 units more than it achieved in the whole of 2017. This significant increase in new car registrations amounts to an increase of 129% compared with the same period in 2017.
Jaguar Land Rover reported total worldwide retail sales of 36,144 vehicles in July 2018, down 21.6% year on year, primarily reflecting transitional issues in certain markets. July2018 Changeyear-on-year Jan – July 2018 Changeyear-on-year JaguarLand Rover 36,144 (21.6)% 354,363 (2.4)% Jaguar 10,992 (15.2)% 105,047 (2.9)% Land Rover 25,152 (24.0)% 249,316 (2.2)% Retails for July were down in China (46.9%), reflecting continued market volatility in the first month of the duty change as well as trade tensions. Sales were also down in Europe (26.5%) and the UK (18.3%), impacted by the industry-wide issue of delays in WLTP certification of 2019 model year vehicles. Jaguar Land Rover has made good progress however and all its vehicles are certified or expected to be shortly. Retail sales were also down in North America (9.5%), resulting from softer industry volumes (down more than 3%) combined with […]
MG Motor UK has announced record new car registrations as the iconic British brand continues to go from strength-to-strength in the UK market. The July sales results, taken from the latest SMMT market report, show that MG has achieved an impressive 5,099 new car registrations so far in 2018, over 600 cars more than it achieved in the whole of 2017. This significant increase in new car registrations amounts to an increase of 122% compared with the same period in 2017.
Jaguar Land Rover Automotive plc, the UK’s largest vehicle manufacturer, today reported its financial results for the three-month period ending 30 June 2018. Retail sales for the quarter reached 145,510 vehicles, up 5.9% on the previous year. The increase reflects growing sales of the new Range Rover Velar, Range Rover Sport, Land Rover Discovery and Jaguar E-PACE. However, wholesales (including China JV) were 13,950 units lower than retails, primarily reflecting lower wholesales in China in advance of the reduction in import duties from 25% to 10% on 1 July and production scheduling to de-stock inventories in other markets.
Jaguar Land Rover reported July 2018 US sales: Land Rover had its best ever July sales month with 6,209 units, an increase of five percent from 5,915 in July 2017; Jaguar sales were 1,880 units, a 41 percent decrease from 3,166 units in July 2017, Jaguar sales were 1,880 units, a 41 percent decrease from 3,166 units in July 2017, due to industry sales trends. Jaguar Land Rover total July US sales reached 8,089 units, an 11 percent decrease from 9,081 units in July 2017. We’re pleased to see Land Rover finish July with another record–setting sales month. The popularity of our new SUVs, the Range Rover Velar, Land Rover Discovery and Jaguar F-PACE continue to drive sales momentum and will be joined by the highly anticipated I-PACE later this year. — Joe Eberhardt, President and CEO, Jaguar Land Rover North […]