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:

Comments

Recommended

One of the executives at Volkswagen tagged in the so-called Dieselgate scandal has pleaded not guilty to a list of allegations surrounding the carmaker’s actions to cheat emissions regulations in...
by - February 27, 2017
When the Crown De Luxe saloon was first released in 1972, it was at that time the most lavish Toyota model available to British customers. Both unusual and exclusive, one...
by - February 27, 2017
The ride-sharing fleet of sharing Lyft Inc. will soon include thousands of specially fitted self-driving Chevrolet Bolt electric vehicles, courtesy of General Motors. If plans push through, Lyft’s clients would...
by - February 27, 2017
J.D. Power has officially released the 2017 Vehicle Dependability Study, an annual list of the most dependable brands in the auto industry. Once again coming on top is Lexus, the...
by - February 26, 2017
Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 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