Spot-Fixing Scandal

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Tracking Sensex

Tracking Sensex

Top five losers, gainers this week.  Full Article 

AirAsia  in India

AirAsia in India

AirAsia India launch seen in Q4; may order 50 more Airbus jets: CEO.  Full Article 

News Corp Writedown

News Corp Writedown

News Corp to take charge of up to $1.4 billion this quarter.  Full Article 

Detroit Crisis

Detroit Crisis

What Detroit crisis? Pension fund trustees hang out in Hawaii.  Full Article 

Jet, Spicejet Results

Jet, Spicejet Results

Jet Airways, SpiceJet report quarterly losses.  Full Article | Related Story 

Deflated expectations

Deflated expectations

Breakingviews columnists discuss the implications of inflation being in decline globally.  Video 

Gold Outlook

Gold Outlook

Gold faces more pressure as inflation stays tame.  Full Article 

Revenge of Markets

Revenge of Markets

For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Jaguar Land Rover expects "positive" 2013 in UK

Related Topics

Stocks

   

LONDON | Mon Jan 7, 2013 3:02pm IST

LONDON Jan 7 (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 India's Tata Motors, 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.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.