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Tata Motors’ arm reports retail sales of 52,049 units in June

09 Jul 2018 Evaluate

Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) has reported total retail sales of 52,049 vehicles in June 2018, up 0.9% year-on-year. Retail sales for June were up significantly year-on-year in overseas markets (16.7%), in North America (7.4%) and in the UK (0.9%) China was down 9.5% as the reduction in import duties on passenger vehicles, starting July 1, continued to result in deferred purchases as well as increased incentives in advance of the July 1 effective date. Europe was also down slightly (3.8%).

Jaguar retail sales were up 6.4% in June to 16,328 due to the introduction of the E-PACE, partially offset by lower sales of F-PACE and other models. Land Rover retailed 35,721 vehicles in June, down 1.5% year on year as the introduction of Velar and increased sales of the refreshed Range Rover Sport were offset by lower sales of Evoque, Discovery Sport and other models.

Jaguar Land Rover total retail sales for Q1 FY19 were 145,510, up 5.9% year on year, and retails for the first six months of 2018 calendar year were 318,219, up 0.4% compared to the same period a year ago.

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