Published on 9/01/2018 4:40:50 PM | Source: Arihant Capital Markets Ltd

Stock Talk- Jaguar Retail sales Figure- Impact Negative - Arihant Capital

Jaguar Retail sales Figure- Impact Negative  

* Jaguar retail sales were 15,079 vehicles in December, down 7.8% compared to December 2016 as solid sales of the long wheel base Jaguar XFL in China and the introduction of the E-PACE were more than offset by softer sales of XE and XJ.

* Retail sales in December were up in Overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US.

* Land Rover retailed 40,618 vehicles in December 2017, up 4.1% compared to December 2016, led by the introduction of the Range Rover Velar and the sales ramp up of the all new Discovery.

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