Jaguar Land Rover expects "positive" 2013 in UK
LONDON (Reuters) - Premium automaker Jaguar Land Rover said UK vehicle sales rose 19.7 percent in 2012 and new launches meant its outlook for 2013 was "positive".
JLR, owned by Tata Motors (TAMO.NS), 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 percent 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.
(Reporting by Helen Massy-Beresford; Editing by Hans-Juergen Peters)
- Tweet this
- Share this
- Digg this
- Malaysia Airlines plane missing at sea off Vietnam, presumed crashed
- Hollywood blockbuster 'Noah' faces ban in Arab world
- UPDATE 3-U.S. FDA probes cognitive impact of new cholesterol drugs
- IndiGo plane evacuated after rear wheel catches fire in Nepal
- CORRECTED-UPDATE 4-Malaysia Airlines plane crashes in South China Sea with 239 people aboard - report
PLANE GOES MISSING
A Malaysia Airlines flight carrying 227 passengers and 12 crew went missing over the South China Sea on Saturday, presumed crashed, as ships and planes from countries closest to its flight path scoured a large search area for any wreckage. Full Article