McLaren Automotive, the British manufacturer of luxury handcrafted sports and supercars, has celebrated the fifth anniversary of the first car rolling off the production line with another record-breaking year. Operating profits increased to £23.5M – the company’s third successive year of profitability – from revenues of £450.6M, with revenue projected to increase by 50% over the next two years and double by the end of 2022 – an unprecedented performance in the early years of a car company. 2015 also marked the fifth successive year of increasing global car sales to 1,654 cars, supported by the launch of no less than five new models.
MG Motor UK’s first ever SUV, the MG GS, has given a boost to record sales for the UK brand. Official half-year figures, released today from the Society of Motor Manufacturers and Traders Limited (SMMT) show that MG Motor has had its best start to a year. Year-to-date figures show it has exceeded last year’s figures with 1,896 units; a 13.53% increase. June alone has pushed the brand up 43.59%, with 336 units. MG’s new SUV, the MG GS, is blazing the way with more than 70 registrations already; only a little less than two weeks since it officially went on sale. Regional test drives have been taking place across the country, which has paved the way to more sales and fantastic feedback on the new model. Matthew Cheyne, Head of Sales and Marketing for MG, said: “This year has […]
The all-new Jaguar F-PACE helped propel Jaguar Land Rover to its best ever May, with retail sales of 44,946 vehicles, up 18% on May 2015. This is the company’s fifth consecutive record-breaking month. Jaguar Land Rover sold 245,100 vehicles in the first five months of 2016, 23% up on the same period in the prior year. The Jaguar F-PACE, which is designed, engineered, and manufactured in the UK, has seen impressive results this month, with more than 3,000 vehicles sold worldwide. The new family sports car is the company’s fastest selling Jaguar ever. Retail sales for the month of May were up year-on-year across all regions: 28% in China, 24% in Europe, 23% in the UK and 8% in North America. Other Overseas markets were up 6% year-on-year.
MG Motor UK is celebrating a great start to 2016 with a 132% increase on January sales after 313 vehicles were registered last month. Figures released today from The Society of Motoring Manufacturers and Traders (SMMT) shows that last year MG sold 135 cars in January. This year, due to growing awareness in the brand and a range of great deals, the manufacturer has seen a percentage change of 131.85%. In December, popular offers such as the £2,000 minimum part-exchange contributed to MG finishing the year with a surge in sales. The offer was continued for another month and finished on 31st January. Matthew Cheyne, MG’s Head of Sales and Marketing said, “We are thrilled to see that our great offers have contributed to so many more people choosing an MG. We hope that through raising awareness of the new […]
Rolls-Royce Motor Cars announced Monday that its 2015 sales were the second-highest ever recorded in its 112-year history. A total of 3,785 hand-built motor cars were commissioned by customers worldwide last year. Torsten Müller-Ötvös, CEO, said, “2015 was a year of tremendous challenge for the entire luxury industry. I am very proud of our success which was achieved against a backdrop of considerable global uncertainty. We have proven that our long-term strategy of globally balanced, sustainable and profitable growth is delivering and we have maintained our position as the world’s leading luxury manufacturer. I am quietly confident of a strong year in 2016.”
MINI UK is reporting a record sales year in 2015, with 63,581 full year registrations. The milestone represents MINI’s 6th year of consecutive growth in the United Kingdom, with vehicle registrations up 17.9 per cent on 2014, securing the brand 2.41 percent of the market. MINI 3-door Hatch remained the brand’s biggest selling model, closely followed by its 5-door sibling. In the first full calendar year of sales, 44,560 Hatch models were sold in 2015 (3-door Hatch 25,443, 5-door Hatch 19,117). MINI’s performance brand, John Cooper Works, also celebrated a record year following the June launch of MINI John Cooper Works Hatch. The fastest production MINI ever built with a 0-62 time of just 6.1 seconds, 1,487 John Cooper Works Hatch models were sold last year. Total John Cooper Works sales across the range increased 134 percent to 2,213 vehicles.
Jaguar Land Rover reported a 22% growth in registrations today – a record year for the UK market. For the full year 2015 a total of 100,787 vehicles (versus 82,845 in 2014) were registered thanks to a combination of new and updated products making the UK the number one market for the company. Land Rover UK registrations reached a new all-time high of 76,837 vehicles, an increase of 19% and surpassing last year’s figure of 64,544 vehicles. Jaguar was up 30% with 23,950 registrations in 2015 versus 18,401 vehicles in 2014.
MG Motor UK is thrilled to have reached 3,000 registrations for 2015 before the year-end. Today, the British manufacturer has exceeded last year’s figures by almost 1,000, and this year’s figure has already surpassed 2013 and 2014 registrations combined. The increase in sales has been as a result of great deals, a continual expansion of the dealer network, and an ever-growing awareness of the brand. Matthew Cheyne, Head of Sales and Marketing for MG, said: “We are delighted to have reached 3,000 registrations for this year. It is such a rewarding moment to exceed previous years, and we strongly believe that next year will be no exception; particularly with the 2016 MG3 and arrival of our new and exciting SUV. “I would like to thank our dealer network for their continued efforts; it’s fantastic to be working with people who […]
Jaguar Land Rover, the UK’s leading manufacturer of premium luxury vehicles, today reported its best ever November sales of 46,547 vehicles, up 27% on November 2014. The company sold 437,512 vehicles in the first eleven months of 2015, 4% up on the same period in the prior year. Retail sales for the month of November were up 70% in the UK, 68% up in Europe, 52% up in North America and 8% up year-on-year in other overseas markets. Retail volumes in China were down 22% for the month, reflecting a slowdown in the economy.
Jaguar Land Rover, the UK’s leading manufacturer of premium luxury vehicles today reported best ever October retail sales of 41,553 vehicles, up 24% on October 2014. The company sold 390,965 vehicles in the first ten months of 2015, 2% up on the same period in the prior year. Retail sales for the month of October were 40% up year-on-year in the UK, 74% up in North America, 24% up in Europe and 9% up in China. Other overseas markets were down 5% for the month, reflecting the challenging macro-economic environment in countries such as Russia and Brazil.
Today, Lotus is pleased to announce a 55% rise in its global sports car sales at the conclusion of the 2014/15 financial year. For the full year, the company has increased its sales volume to an excellent 2015 units, contrasted with 1,296 units in the year 2013/14. This is the best result achieved by Lotus since FY 2008/09. Key global markets showing the renaissance experienced by Lotus are in China (+186%), France (+177%) and Germany (+130%), while Japan (+103%) remains the company’s largest export market. Sales in the UK have more than doubled to 346 units (+102%). The USA market, which sells the Evora range as a road car and the Elise and Exige ranges for track use only, has increased by 24%. Leading the excellent performance is the Elise range, with a 80% increase in volume to 729 cars. […]
Feb. 19, 2015, Southlake, Texas – SVRA and Motostalgia have entered into a joint venture and multi-year agreement, with Motostalgia being recognized as the Official Auction Company of SVRA and hosting exclusive car auctions at select SVRA events- beginning this year with the Brickyard Vintage Racing Invitational. This joint venture will provide the true enthusiast the opportunity to enjoy two of the most exciting experiences in motorsports: auctions and vintage racing! “Working with Motostalgia Auction Company was the next logical step for SVRA, given our demographics and national footprint,” said Tony Parella, President and CEO of SVRA. “Adding a car auction to the Brickyard Vintage Racing Invitational will make this an even more special event.” “SVRA’s schedule is a perfect fit for us. This leading racing organization offers us access to world class cars. With the scale of SVRA’s customer […]
WH Brand, a family-run MG dealership in Lincolnshire threw a party for more than 250 guests at its premises in the village of Whaplode Drove, near Spalding. They held the event to celebrate being named the top-performing MG dealer of 2014 as well as being the top-selling MG3 dealer. In addition, the company was marking 90 years in business. The celebrations coincided with the 90th birthday of Fred Brand, the son of the firm’s founder, William Horace Brand. Fred showed off a classic 1949 speedway bike – he took up the sport to earn money to build a new garage for the business. While customers tucked into a fish and chip supper on a London double-decker bus parked outside the showrooms, sales manager Adam Brand – great grandson of the firm’s founder – enjoyed a bit of business success. He said: ‘I was […]
An unregistered 1980 MG Midget with just 162 miles on the clock, fetched over £11,000 when it went under the hammer at Anglia Car Auctions on Saturday. The Vermillion red car sold for £11,025 well ahead of expectations that it might fetch between £7,000 to £9,000. “It was a very good sale – an exceptional price,” said Simon Whitmore, of Anglia Car Auctions (ACA), based at Beveridge Way, Hardwick Narrows Estate. “It had no reserve on it and the vehicle has never been registered.” Also up for auction the same day, but which failed to sell, was a 2001 Mercedes Benz S500L, purchased new by former England captain David Beckham and originally registered as Y3 DVB in June 2001. The car was up for sale with all manuals, service book and the original V5 bearing David Beckham’s name, with 117,000 […]
Seems to be the month of the Aston Martin, not that there is anything wrong with that. On 17 May, 2014, Bonham’s auction house will conduct a special auction of Aston Martin cars and related books, artwork and ephemera. There are some great items, and collectors are sure to turn out in force. Two examples include a special coachwork ’56 DB2/4 and a 1:8 scale model of the Aston Martin ‘DP214’ 1956 Aston Martin DB2/4 MKII fixed head coupe with coachwork by Tickford, Chassis no. AM300/1241, with a bid estimate of £160,000 – 200,000 (US$ 270,000 – 340,000). A 1:8 scale scratch-built model of the 1963 Monza winning Aston Martin ‘DP214’, built by Javan Smith, with a bid estimate of £1,800 – 2,200 (US$ 3,000 – 3,700). Also on auction will be the Aston Martin DBS that featured in the British television […]
New car sales in Britain rallied in March to the highest total for a decade, industry data showed on Friday. Sales jumped 17.7 percent last month to 464,824 vehicles compared with data for March 2013, the Society of Motor Manufacturers and Traders (SMMT) said in a statement. That was the highest monthly figure since March 2004. “New car registrations surged 17.7 percent in March … a surprisingly strong level of growth and a reflection of intensifying consumer confidence and the availability of great new products,” said SMMT chief executive Mike Hawes. “Given the past six years of subdued economic performance across the UK, there is still a substantial margin of pent-up demand that is contributing to a strong new and used car market. There has never been a better time to buy a new car thanks to attractive finance deals […]
Iconic and now wholly Chinese-owned car maker MG is the fastest-growing British brand in the UK, according to official industry data. Figures released by the Society of Motor Manufacturers and Traders reveal MG sales grew by 117 per cent in 2012, boosted by the opening of eight new dealerships. The famous MG octagon enjoyed its best sales year in the UK since 2006, with more cars sold last year than in 2010 and 2011 combined. That success was mirrored in China where SAIC Motor, MG’s parent company, sold over 200,000 units across its MG and (China-only) Roewe brands – a 23 per cent increase over 2011 – representing the biggest growth within the SAIC group’s automotive divisions. Worldwide growth for the brand is equally encouraging with MG growing at a faster rate than any time in the marque’s 89-year history. […]
As British car manufacturing is enjoying a boom, one British manufacturer is warning about the lack of demand in the UK car market. Thousands of new jobs have been created by Jaguar Land Rover, Nissan and Toyota amongst others, but sales of cars in the UK are actually falling. Most of the new jobs being created are satisfying demand from overseas car buyers, but MG is warning that something may need to be done to stimulate demand in the British car market. In 2011 new car sales fell by 4.4%. That trend has continued this year, meaning the thousands of new jobs in the British car industry are all to satisfy foreign demand. MG does not yet sell cars in Europe, instead choosing to re-establish itself in Britain first, and now it’s concerned that falling UK car sales could effect […]