JLR sales up 4% in January 2017

Panther Land Rover sold 4% more vehicles in January, with its aggregate retail deals touching 47,693 units in the month contrasted with a similar period a year ago.

JLR posted its best ever January deals in 2017, the Tata Motors-run UK-based carmaker stated, on the back of the achievement of the Jaguar F-PACE, Jaguar XF, Land Rover Discovery Sport and the Range Rover Sport.

While the retail offers of Jaguar autos was up 76% at 13,949 vehicles contrasted with January a year ago, the retail offers of Land Rover were down 11% at 33,744 vehicles in a similar period a year ago.

January 2017 Retail sales (volume) Percentage change
Jaguar 13,949 76%
Land Rover 33,744 (11%)

For Jaguar, the achievement of the Jaguar F-PACE and strong offers of the XF, including the long wheel base XFL in China) and the XJ added to the monstrous jump in month to month deals, an announcement to the BSE said.

Be that as it may, for Land Rover, strong offers of the Discovery Sport and Range Rover Sport were exceeded as the Defender and Discovery were eliminated in front of the all-new Discovery expected later in the quarter.

Geologically, JLR’s deals in North America were up 29%, China 14% and the UK 2% yet down in Europe 8% and different abroad markets, up 19%.

The shares of Tata Motors were down 2.17% or Rs 11.40 each at Rs 513.90 from past close.

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