JLR July gross sales down 21.6% at 36,144 items, Auto Information, DFL – ALL NEWS BY DF-L.DE

JLR July gross sales down 21.6% at 36,144 items, Auto Information, DFL – ALL NEWS BY DF-L.DE

JLR July gross sales down 21.6% at 36,144 items, Auto Information, DFL


Tata Motors-owned Jaguar Land Rover right this moment reported 21.6 per cent decline in international retail gross sales at 36,144 items in July.Gross sales of Jaguar model have been down 15.2 per cent at 10,992 items final month, whereas these of Land Rover stood at 25,152 items, a decline of 24 per cent, the corporate mentioned in an announcement.

“We’ve got had challenges to navigate in key markets this month,” Jaguar Land Rover Chief Business Officer Felix Brautigam mentioned.

Retail gross sales for July have been down in China by 46.9 per cent, reflecting continued market volatility within the first month of the obligation change in addition to commerce tensions, JLR mentioned.

In Europe gross sales have been additionally down by 26.5 per cent and the UK have been down by 18.three per cent, impacted by the industry-wide situation of delays in WLTP (Worldwide Harmonised Gentle Car Take a look at Process) certification of 2019 mannequin yr automobiles, it added.Gross sales have been additionally down by 9.5 per cent in North America, the corporate mentioned.

“We’re additionally adapting to the affect of tariff adjustments within the Chinese language market. Whereas this might strengthen demand, the commerce battle with the USA has a destructive impact on automotive consumers’ confidence and transaction costs in China,” Brautigam mentioned.

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