Jaguar Land Rovers aims to top 500,000 vehicle sales in 2015

Article by Christian A., on January 13, 2015

Jaguar Land Rover is targeting to sell over 500,000 vehicles this year, getting some help from new models like the Jaguar XE sedan and Land Rover Discovery Sport. JLR Sales Director Andy Goss, however, remarked that the carmaker is not chasing volume, but is aiming for sustainable growth.

The carmaker managed to log its fifth consecutive year of gains in 2014, selling 462,678 vehicles for a 9-percent growth. Its gains were partly attributed to a 3-percent jump in Europe to 86,310 vehicles and a 2-percent leap in North America to 74,981 units. JLR expects further surge in sales in 2016 with the arrival of the Jaguar F-Pace five-seat sports crossover.

The carmaker plans to commence sales of the F-Pace in all major markets in the first half of 2016, Goss divulged. JLR is making a GBP3.5-billion ($5.3 billion) in the year through March to broaden its product lineup across Jaguar and Land Rover brands to hike its global sales.

For this year, Jaguar will commence deliveries of the XE, which should serve as a litmus test of the brand’s ability to compete in the mid-sized premium segment after stopping output of the X-Type last decade.

JLR will likewise introduce this year the Land Rover Discovery Sport SUV and 10 other "new product actions." The carmaker has outlined big plans for China, where it is investing $1.5 billion to hike its sales in the country to 130,000 units a year.

Topics: jaguar, land rover, sales

If you liked the article, share on:

Pin It

Comments

Recommended

In a leaked image following a presentation held in China, we learned that Czech automobile manufacturer Skoda will soon unveil 2 more new SUVs in China, resulting in a four-model...
by - March 24, 2017
McLaren is said to be designing the next generation of Sports Series, which could include a V6 hybrid among its powertrain options. It was earlier reported that the British automaker...
by - March 24, 2017
To the proud owners and owner-to-be of the Porsche 991 Carrera GTS, there's good news for you all. German automobile manufacturer Porsche recently confirmed to the public that the Porsche...
by - March 23, 2017
McLaren diehards, this is the moment that you're all waiting for. The British automaker recently publicized the teaser outline of its new automobile that will hit the streets soon, dubbed...
by - March 23, 2017
PSA seems very confident about conquering the world. The purchase of Opel/Vauxhall for €2.2 billion ($2.3B) from General Motors makes PSA the second largest car company, just behind the Volkswagen...
by - March 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries