Moneycontrol PRO
HomeNewsTechnologyAutoJaguar Land Rover global sales decline 12.3% in September

Jaguar Land Rover global sales decline 12.3% in September

Sales of Jaguar brand of vehicles in September were at 19,146 units, an increase of 4.4 percent over September 2017, the company said in a statement.

October 08, 2018 / 20:35 IST
JLR

Tata Motors-owned Jaguar Land Rover (JLR) today reported 12.3 percent decline in global sales at 57,114 units in September, hit by lower demand in China, the auto major said.

The company's sales in China declined by 46.2 percent during September as compared to the same month last year as ongoing market uncertainty resulting from import duty changes and continued trade tensions held back consumer demand.

Sales of Jaguar brand of vehicles in September were at 19,146 units, an increase of 4.4 percent over September 2017, the company said in a statement.

Land Rover range posted sales of 37,968 units in the month, down 18.8 percent, it added.

"As a business we are continuing to experience challenging conditions in some of our key markets," JLR Chief Commercial Officer Felix Brautigam said.

PTI
first published: Oct 8, 2018 08:24 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347