Jaguar Land Rover beats 600000 sales barrier in 2016-17
- Author: Leroy Wright Apr 10, 2017,
Apr 10, 2017, 22:11
Jaguar retails in the Fourth Quarter were 53,972 vehicles, up 81% on the same quarter a year ago, and were 27,820 units in the month of March, up 83% compared to March 2016.
Andy Goss, Jaguar Land Rover Group sales operations director said, "These numbers set the seal on Jaguar Land Rover's seventh successive year of sales growth, by breaking through the 600,000 barrier".
As high as 82% of global wholesales and 80% of cumulative wholesales of Tata Motors' passenger vehicles (PV) came from its British luxury subsidiary Jaguar Land Rover, data released by the automaker on Monday revealed. Total sales rose to 604,009 vehicles. Cumulative wholesales for Jaguar Land Rover for the fiscal were 600,806 vehicles. Jaguar sales are still increasing strongly and Jaguar is now Europe's fastest-growing vehicle brand, " added Goss.
While Range Rover's manufacturing history at Solihull dates only to 1970, its work at the site goes back to 1967 with the development of the Velar prototype.
But, as we've reported before, the star of the big increase in Jaguar sales is the F-Pace, with sales in 2016-17 hitting 68k, and March 2017 sales of 10,779, figures that eclipse the XE's 45k/7.5k. Sales in the fourth quarter were up 81 per cent at 53,972 vehicles, and were up 83 per cent at 27,820 units in March.
Global wholesales of all Tata Motors' (Q,N,C,F)* commercial vehicles and Tata Daewoo range in March 2017 was lower by 6% at 42,596 units, compared to March 2016.
If you are planning to buy a luxury vehicle in the FY18, then do check on to the upcoming new model of Jaguar Land Rover in India.
Shares of TATA MOTORS LTD. was last trading in BSE at Rs.468 as compared to the previous close of Rs. 473.05. The net turnover during the day was Rs. 261597653.