MG has achieved a record sales month, with March 2018 figures from the Society of Motor Manufacturers and Traders (SMMT) confirming a 49% increase in registrations compared to the same month last year. MG sold more than 1,100 cars in March, marking it as the brand’s highest monthly performance since its return to the market in 2008. Year-to-date, MG is the fastest-growing car brand in the UK, with sales increasing by 67% versus the same period in 2017. MG is partly attributing this success to its new warranty programme. Since the start of the year, all new MGs are backed by a manufacturer’s warranty of at least five years, led by the all-new MG ZS Compact-SUV, which has a 7-year/80,000 miles warranty. Daniel Gregorious, Head of Sales & Marketing at MG Motor UK, said: Our strong growth figures show that the MG […]
Jaguar Land Rover achieved its second-highest February sales performance with strong sales of the new Range Rover Velar and Land Rover Discovery and the new 18 model year Range Rover and Rover Sport as well as the new Jaguar E-PACE still ramping up, despite difficult trading conditions in key European markets, especially the UK. Retail sales of 39,911 Jaguars and Land Rovers in February were 2.6% down on the previous year’s all-time high. Solid demand in China (3.3% up) and other overseas markets (1.5% up) was offset by lower sales in the UK (15.2% down for the month) and Europe (6.9% down), where trading conditions remained challenging. Sales in North America were 2.2% down on the same month in the previous year. With the company’s sales up 2.9% in January, year-to-date sales are level with a year ago.
Jaguar Land Rover North America, LLC today reported February 2018 U.S. sales: Land Rover sales increased 19 percent to 6,828 units from 5,747 in February 2017; Jaguar sales were 2,185 units, a 37 percent decrease from 3,484 units in February 2017; Jaguar Land Rover February U.S. sales for both brands hit 9,013 units, a slight decrease from 9,231 units in February 2017. We are pleased to have our best ever February retail month in the U.S. for Land Rover and second best for the combined brands. With the sales momentum of the Jaguar F-PACE and the recent addition of the E-PACE, we look forward to the introduction of the I-PACE later this year. — Joe Eberhardt, President and CEO, Jaguar Land Rover North America, LLC For the full year 2017, Jaguar Land Rover U.S. sales reached 114,333 units, up 9 […]
American demand for British-built cars rose in 2017, as increasing popularity of the UK’s ever-growing range of premium, luxury and sports cars, helped drive UK automotive exports to the country. Latest figures published today by the Society of Motor Manufacturers and Traders (SMMT), show almost 210,000 US buyers chose a UK-made car last year, an uplift of 7.0%. A total of 1,671,166 vehicles rolled off UK production lines in 2017, a -3.0% decrease on 2016 – but still the second highest output since the turn of the century. Export demand from 160 markets worldwide now represents 79.9% of all UK car output – the highest proportion for five years.
Jaguar Land Rover Automotive plc today reported pre-tax profits of £192 million for the three months to 31 December 2017, as major investment in new models and challenging trading conditions in key markets offset a solid rise in unit sales. In the third quarter, retail sales grew 3.5% to 154,447 units, driven primarily by a 14.6% increase in unit sales in China and an 18.2% rise in overseas markets. Increased sales in such markets reflected underlying demand for the new Range Rover Velar, the Land Rover Discovery, the recently-launched Jaguar E-PACE compact SUV and, in China, the long-wheelbase Jaguar XF. This improvement was offset by flatter demand in the USA, UK and Europe, and the impact of model year change-overs for the Range Rover and Range Rover Sport.
MG Motor UK has announced an exceptional month for sales, reporting a total of 475 vehicle registrations in January – a staggering 130% increase compared to the same period in 2017. Despite a market downturn of 6.3%, according to figures released by the Society of Motor Manufacturers and Traders (SMMT), MG has successfully bucked the trend becoming the UK’s best performing car brand in January. The Longbridge-based company, which concluded 2017 with a year-on-year registration increase of around 6%, looks on course for a successful 2018, despite challenging market conditions.
Jaguar Land Rover North America, LLC reported January 2018 U.S. sales: Land Rover sales increased 5 percent to 6,446 units from 6,163 in January 2017; Jaguar sales were 2,604 units, an 11 percent decrease from 2,939 units in January 2017; Jaguar Land Rover January U.S. sales for both brands hit 9,050 units, a slight decrease from 9,102 units in January 2017. After coming off a record-setting year in 2017, we are starting 2018 with a successful January sales month for Jaguar Land Rover. — Joe Eberhardt, President and CEO, Jaguar Land Rover North America, LLC For the full year 2017, Jaguar Land Rover U.S. sales reached 114,333 units, up 9 percent compared to 105,104 units in 2016, and establishing a new all-time U.S. sales record for the combined brands.
Following Lister Motor Company’s preview announcement just days ago of the fastest, most powerful and luxurious car it has ever built in 65-years – the 666 bhp Thunder supercar – the Cambridge-based marque has been inundated with interest, with £3.1million-worth of orders for the model received within the first 24 hours of model’s announcement. With 22 keen customer orders already placed for the Thunder, priced from £139,950, in less than 24 hours, and ahead of the its exclusive world public debut at Historic Motorsport International, staged at London’s ExCeL from 15th-18th of February, this bespoke model has already become the fastest-selling new Lister in the specialist sports car maker’s 65-year history.
Despite tough conditions in some key markets, Jaguar Land Rover achieved its best ever full-year global sales in 2017 with retails of 621,109 vehicles, up 7% on the prior year – more than triple the 2009 figure. The company’s seventh successive year of sales growth was driven by the introduction of new models into new and existing segments, increased uptake of its Ingenium clean diesel and petrol engines and the development of its manufacturing operations around the world to increase capacity. Jaguar sales were up 20% for the year, retailing 178,601 vehicles. This was the brand’s strongest ever full-year performance and was driven by sales of the Jaguar F-PACE, XE and XF, including the all-new XF Sportbrake.
Jaguar Land Rover North America, LLC today reported December 2017 U.S. sales: Land Rover sales reached 7,980 units sold, down only 4 percent from December 2016; Jaguar sales for the month were 3,414 units; Jaguar Land Rover December U.S. sales for both brands hit 11,394 units, a 9 percent decrease from 12,573 units in December 2016. For the full year 2017, Jaguar Land Rover U.S. sales reached 114,333 units, up 9 percent compared to 105,104 units in 2016, and establishing a new all-time U.S. sales record for the combined brands.
Aston Martin Holdings (UK) Ltd, the producer of luxury handcrafted sports cars, today announced that it sold 5,117 sports cars last year amid sell-out demand for its DB11 model and special vehicles including the Vanquish Zagato and Aston Martin Vantage GT8. Retail sales, which saw a 58% year-on-year increase, outpaced wholesale supply (up 38%) and the Group now expects to exceed its previous full-year guidance of adjusted EBITDA of at least £180 million on revenues of more than £840 million.
Jaguar Land Rover North America, LLC today reported November 2017 U.S. sales: Land Rover sales increased 20 percent to 6,801 units from 5,659 in November 2016; Jaguar sales were 3,061 units, a 9 percent decrease from 3,381 units in November 2016; Jaguar Land Rover November U.S. sales for both brands hit 9,862 units, a 9 percent increase from 9,040 units in November 2016. Year to date, Jaguar Land Rover sales reached 102,939 units, up 11 percent compared to 92,531 units in 2016 in the United States. We have achieved a new November monthly sales record for the U.S. market, led by the excellent performance of our newest SUV models. The all-new Range Rover Velar hit its best monthly sales since its launch in August. Looking forward, we are confident we are going to wrap-up 2017 with another record growth year. […]
MG Motor UK is the top performing British car brand in the UK, reporting a near 80 percent increase (79.74%) in November new car sales. Latest figures issued by the Society of Motor Manufacturers and Traders (SMMT) show that new car sales in Britain have fallen for the eighth consecutive month. Despite the automotive industry reporting an 11.17 percent decline in November, MG has outperformed every other marque this month and has achieved 4.24 percent market growth this year to date.
Jaguar Land Rover Automotive plc reported a global 38% increase in second-quarter pre-tax profits to £385 million in the three months to September 30, 2017. Revenues were up 11.5% to £6.3 billion with an increase in margin (EBIT) of 1% to 5.2%. Higher sales and profits reflect the continuing ramp-up of new models such as the Range Rover Velar, Land Rover Discovery, Jaguar XF Sportbrake, Jaguar F-PACE and, in China, the Jaguar XFL. Retail sales grew 5.1% to 149,690, with increases in China (27.4%) and the US (5.1%) offsetting lower sales in the UK and Europe.
Globally as a whole, Jaguar Land Rover sold 46,418 vehicles in October, up 0.2% year on year. Solid sales of all models, including the new Range Rover Velar and the Jaguar F-PACE, continue to bring new customers to the brand each month. China continues to perform well with sales up 12%, while overseas markets were up 16% compared to the same period in 2016. But difficult market conditions have led to retail sales being down 18% in the UK, and 3% down in Europe and the US.
Jaguar Land Rover North America, LLC has reported October 2017 U.S. sales: Jaguar sales were 2,891 units, a 10 percent decrease from 3,219 units in October 2016; Land Rover sales decreased 1 percent to 5,477 units from 5,532 in October 2016; Jaguar Land Rover October U.S. sales for both brands hit 8,368 units, a 4 percent decrease from 8,751 units in October 2016. Year to date, Jaguar Land Rover is up 11% percent in the United States, building on 2016’s record year sales pace. October proved to be a challenging month for U.S. sales resulting in Jaguar Land Rover coming down slightly from our record pace in 2016. We continue to be very encouraged by growing sales for the year and in particular growth of our newest SUV models, the Jaguar F-PACE and Range Rover Velar which are bringing new customers […]
Reuters is reporting that British car production fell 4.1 percent in September from the same month a year earlier, the fifth decline in six months that adds to signs of faltering consumer and business confidence. Exports, accounting for 80 percent of total output, fell 1.1 percent, while domestic demand slumped 14.2 percent, according to figures from the Society of Motor Manufacturers and Traders (SMMT), pushing total production down to 153,224 cars.
Caterham has surpassed last year’s record-breaking sales achievement. The news comes as Caterham today (October 16) celebrates the 60th anniversary of the very first Seven being unveiled at the Earls Court Motor Show. With more than two months to go until the end of 2017, Caterham has already overtaken its record haul of over 600 orders set in 2016. It’s the second year in a row that the iconic British sports car brand has reported its best sales year, a record that had previously not been beaten since 1996.
Retail sales for Jaguar Land Rover totaled 65,097 vehicles in September, up 7% on September 2016, following strong sales across the majority of key regions. Retail sales in September were up 20% year-on-year in China, 17% in North America, 10% in Overseas markets and 1% in Europe. Due to difficult market conditions, retail sales were down in the UK (4%).
Jaguar Land Rover North America, LLC today reported August 2017 U.S. sales: Jaguar sales were 3,101 units, a 6 percent decrease from 3,298 units in August 2016; Land Rover sales increased 5 percent to 6,320 units from 6,031 in August 2016; Jaguar Land Rover August U.S. sales for both brands hit 9,421 units, a 1 percent increase from 9,329 units in August 2016. Year to date, Jaguar Land Rover is up 13 percent in the United States, ahead of 2016’s record sales year pace. We are pleased to notch a small increase in August in the face of a challenging marketplace. Despite the headwinds, record monthly sales for Range Rover, and the launch of the Range Rover Velar, helped the Land Rover brand set a new U.S. August sales record. — Joe Eberhardt, President and CEO, Jaguar Land Rover North America, LLC