Jaguar Land Rover in Sight of Reaching 400,000 Annual Sales

Jaguar Land Rover is continuing its rapid growth and edging towards selling 400,000 vehicles by the time 2013 is finished. In fact, according to recently released company figures, Jaguar Land Rover made a before tax profit of 688 million euro from July to September.

What’s more, in the three months leading up to the 30th of September, the group sold a total of 103,000 cars. That represents an impressive 18 per cent rise over the same time period last year. In the same time period, revenues soared from 3.28 billion pounds last year to 4.61 billion pounds this year.

2013 Range Rover SDV8

These impressive figures can in part be attributed to the introduction of the brand new Range Rover which has helped see Land Rover sales rise by 15 per cent compared to last year for the last six months of this year. In total, 160,000 Land Rovers have been purchased in the last six months. What’s more, it is not just the new Range Rover proving a hit with customers, as sales of the Freelander and Discovery have soared by up to 42 per cent in China, 26 per cent in the U.S. and 35 per cent in the Asia Pacific region.

As for Jaguar, it saw sales rise by 42 per cent from April to September with a total of 37,000 units sold. This can in part be attributed to the new Jaguar XF Sportbrake as well as the availability of all-wheel drive. When the facelifted Jaguar XF and Jaguar’s entry-level sedan are released in the coming years, this figure will rise even further!

[Via Autocar]


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