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
The most recent new car registration stats from the SMMT show a decline in passenger car registrations in July, but MG Motor UK is continuing to outperform the market. The Longbridge-based business not only registered a total of 305 new cars across July (an increase of more than 4% year-to-date compared to 2016), but an additional five new dealerships joined the network. The latest stats confirm MG’s strong year-to-date growth and can be attributed to network expansion and development. This stands in contrast to the subdued new-car market, which was down by over 2% in the first seven months of 2017 compared to 2016.
Jaguar Land Rover North America, LLC today reported July 2017 U.S. sales: Jaguar sales were 3,166 units, a 7 percent decrease from 3,398 units in July 2016; Land Rover sales decreased slightly to 5,915 units, down 2.6 percent from 6,075 in July 2016; Jaguar Land Rover July U.S. sales for both brands hit 9,081 units, a 4 percent decrease from 9,473 units in July 2016. Year to date, Jaguar Land Rover is up 15 percent in the United States, ahead of 2016’s record sales year pace. We are pleased that despite a slowdown in the broader market, Jaguar and Land Rover just missed last year’s record July sales, and are up 15% over 2016’s record full year pace. With the first half of the year behind us, we are focused on launching three new vehicles, the Land Rover Discovery now in […]
Ahead of the Range Rover Velar arriving in showrooms, retail sales for Jaguar Land Rover reached 51,591 vehicles this month, up 11.0% on June 2016. Retail sales for the quarter totaled 137,463 vehicles, up 3.5% compared to the same quarter last year. Retail sales for June were up year-on-year in China (65.3%), the UK (3.8%), Europe (3.7%) and North America (3.2%) whilst sales in Overseas markets were down 8.5%, due to challenging conditions in emerging markets such as Brazil, the Middle East and Russia.
British sports car and supercar manufacturer, McLaren Automotive, today announces yet another record-breaking year in respect of vehicle sales, profitability, and financial performance. Profit before tax of £9.2M from an annual sales revenue of £649.8M in 2016 gave McLaren Automotive a fourth consecutive year of profitability in only six years, since the start of sales in 2011. This was an increase in profitability before tax of 70% compared to the £5.4M reported in 2015.
Jaguar Land Rover North America, LLC today reported May 2017 U.S. sales: Jaguar sales were 3,113 units, a 44 percent increase from 2,164 units in May 2016; Land Rover sales increased slightly to 4,993 units; Jaguar Land Rover May U.S. sales for both brands hit 8,106 units, a 14 percent increase from 7,114 units in May 2016. Year to date, Jaguar Land Rover is up 22 percent in the United States. We are very pleased to see the continued sales growth for both the Jaguar and Land Rover brands. The Jaguar brand continues its sales momentum driven by the strong performances of the XE and F-PACE and the Land Rover brand with the Range Rover Sport, Discovery Sport and the arrival of the new Discovery, which is in showrooms now. — Joe Eberhardt, President and CEO, Jaguar Land Rover North America, […]
Jaguar Land Rover North America, today reported April 2017 U.S. sales: Jaguar sales were 3,230 units, a 197 percent increase from 1,087 units in April 2016; Land Rover sales increased slightly to 5,211 units; Jaguar Land Rover April U.S. sales for both brands hit 8,441 units, a 35 percent increase from 6,275 units in April 2016; making it the best ever Jaguar Land Rover April sales month (previous best was 8,216 units in 2002). Year to date, Jaguar Land Rover is up 24 percent in the United States. We are thrilled to have had a record-setting April sales month for Jaguar Land Rover based on a strong product offering and our dedicated retailer network. The Jaguar F-TYPE and Land Rover Discovery Sport had an outstanding sales month and continue to contribute to the brands’ growing sales momentum. — Joe Eberhardt, […]
McLaren Toronto has been named the North American Retailer of the Year 2016 in recognition of its sales performance and highest standards of business operation.
MG Motor UK is celebrating continued success in 2017, after achieving record registrations for March. Figures released today by The Society of Motor Manufacturers and Traders (SMMT) show a 30% rise compared to the same month in 2016. So far in 2017, MG has registered 1,065 vehicles, 8% higher than the same period in 2016, making it the best ever quarter for the Longbridge-based business. Alongside increasing brand awareness and excellent value for money, Matthew Cheyne, Head of Sales and Marketing at MG Motor UK, believes this continued success is down to its ongoing focus on dealer engagement and positive customer reception to its latest model range. MG’s strategy is to work with its dealer network using straightforward campaigns and a focus on getting actual drivers into the cars that they are selling, encouraging dealers to concentrate on delighting their customers, […]