Jaguar Land Rover Global Sales Dip 5.9% In 2019
Tata Motors Ltd.-owned Jaguar Land Rover on Friday reported a 5.9 percent decline in total retail sales at 5,57,706 units last year as compared with 2018.
The sales of Jaguar brand were at 1,61,601 units during the month, down 10.6 percent, while Land Rover sales witnessed a dip of 3.8 percent during the year as compared with 2018, Tata Motors said in a regulatory filing.
In December, JLR reported 1.3 percent increase in total retail sales at 52,814 units as compared to the year-ago period in 2018. The sales of Jaguar brand were at 13,372 units during the month, down 17.3 percent from December 2018.
Land Rover sales stood at 39,442 units, up 9.6 percent from the same month last year, it added.
2019 was a year of two halves for Jaguar Land Rover. Over the last six months, we saw a marked improvement in China, where intensive work with our retailers, combined with significant process and product improvements are starting to gain traction.Felix Brautigam, Chief Commercial Officer, JLR
Elsewhere, adverse market conditions continued to affect the industry but encouragingly in North America the company closed last year successfully with a new record year, he added.
In December, company's retail sales were boosted by China (up 26.3 percent year-on-year), a sixth successive month of double-digit growth, Brautigam said.