Tata Motors owned Jaguar Land Rover (JLR) has reported an increase in sales for the first quarter of fiscal year 20025 (to 30 June 2024) compared to a year ago, “reflecting sustained demand for its vehicles”.
Wholesale Q1 volume of 97,755 units (excluding the Chery Jaguar Land Rover China JV) was up 5% while retail sales of 111,180 units (including the Chinese JV) grew 9%.
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Wholesales of Range Rover and Range Rover Sport models increased in the first quarter by 22% and 46% respectively versus the previous year, due to the new body shop increasing production capacity in Solihull, West Midlands.
The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models increased to 68% of total wholesale volume as part of the company’s focus on value within its Reimagine strategy.
Compared to the prior year, retail sales in the quarter were up 43% in North America, 14% in the UK and 4% in Europe.
Compared to the previous quarter ended 31 March 2024, wholesale volume and retail sales declined by 11% and 3% respectively, reflecting the cyclical fluctuation in volume between Q4 and Q1.
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