Jaguar Land Rover rises 14% globally to 240,372 units in first half of 2014

Article by Andrew Christian, on July 17, 2014

Jaguar Land Rover posted a 14-percent surge in global sales to 240,372 vehicles in the first six months of 2014, thanks to strong demand for its vehicles in China. JLR said that Jaguar jumped 16 percent to 43,587 units in the period while Land Rover soared 14 percent to 196,785 vehicles.

JLR saw its deliveries in China leap 48 percent in the first six months of 2014 to 62,479 units. The carmaker said that the brands combined logged a 17-percent gain in sales in June 2014 to 39,594, with Land Rover growing 18 percent to 31,999, and Jaguar soaring to 7,595.

JLR recorded a 60-percent climb in sales in China in June to 11,554. JLR and Chinese joint venture partner Chery Automobile are planning to open a new site in Changshu in the fourth quarter of 2014. JLR posted a 4-percent increase in sales in North America in June to 5,301 units.

Land Rover grew 16 percent in the region to 4,038, boosted by good demand for the new Range Rover Sport while Jaguar dropped 23 percent to 1,263. For the first half of 2014, JLR grew rose 12 percent in North America.

JLR is targeting to boost its global footprint via five-year investment plan that entails spending GBP1.5 billion (EUR1.9 billion) to launch an all-new aluminum platform in upcoming models, starting with the new Jaguar XE sedan that will be produced in 2015 in the United Kingdom.

Topics: jaguar, land rover, sales

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