Jaguar Land Rover expects positive 2013 in UK

Premium automaker Jaguar Land Rover said UK vehicle sales rose 19.7 per cent in 2012 and new launches meant its outlook for 2013 was "positive".

JLR, owned by Tata Motors, sold 68,586 cars last year in the UK, where overall demand for cars is stronger than in other major markets in debt crisis-hit Europe.

The Land Rover brand notched up its best-ever sales year in the UK, the company said, with sales rising almost 25 percent to 54,480 vehicles, boosted by the first full sales year for the Range Rover Evoque sports utility vehicle (SUV).

Registrations of the luxury Jaguar brand increased 2.4 per cent to 14,105 vehicles, despite "increasingly competitive market conditions", the company said, helped by a 10 percent rise in sales of the revised Jaguar XF saloon.

"It's a positive 2013 outlook for Jaguar in the UK with a full year of XF Sportbrake sales, the launch of the XFR-S saloon and the highly anticipated F-TYPE two-seater sports car," JLR said in a statement.

Overall new UK car registrations rose 3.7 percent year-on-year in December, industry body SMMT said on Monday, predicting demand would "hold firm" in 2013.

The forecast contrasts with gloomier 2013 outlooks for other major European car markets. The December rise follows a 11.3 percent increase in November, when Britain bucked the downward trend elsewhere in Europe, where economic gloom is keeping drivers away from showrooms.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Lawmakers must not dilute penalties for insurers on mis-selling

    The much delayed insurance laws (amendment) bill is back in the news and the positive statements of finance minister Arun Jaitley suggest that the gov

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

New model for effective education

After interacting with students and teaching community on a ...

Zehra Naqvi

Being unrealistic can be good for you

Depression is a term that most people use very casually ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture