JLR reports best-ever H1 sales, clocks two-fold growth to 2,356 units

Update: 2023-10-12 17:33 GMT
The Tata Motors-owned British luxury car brand Jaguar Land Rover, on Thursday reported its highest ever half-yearly performance with record sales of 2,356 units, clocking a year-on-year growth of 105 per cent during the April September 2023 period.( DC Image)

Pune: The Tata Motors-owned British luxury car brand Jaguar Land Rover, on Thursday reported its highest ever half-yearly performance with record sales of 2,356 units, clocking a year-on-year growth of 105 per cent during the April – September 2023 period.

The Mumbai-based automaker had retailed around 1,194 units in April-September 2022.

This half-yearly growth was highly driven by record sales in both quarters, with Q2 witnessing a 108 per cent year-on-year growth and retails of 1,308 units, JLR India said.

The company had previously reported a 102 per cent sales growth in Q1, compared to the same period last year, it added.

“The consistent growth in our order book exemplifies the growing strength of our brand and products in the hearts of Indian consumers,” said JLR India Managing Director Rajan Amba.

The company would continue to introduce new products that are best suited to meet the discerning needs of customers and invest in strengthening brand desire and client experience, he added.

The order book in FY24 has seen consistent growth, with the first half closing order book higher by 90 per cent, as compared with the same period last year, the company said.

It said Range Rover, Range Rover Sport and Defender continue to witness strong demand contributing to 72 per cent of the total order book.

The company said the current total order book covers more than eight months of sales.

Defender was the best-selling model with sales of 1,000 units in the first half of this fiscal.

Besides, the company said its certified pre-owned business grew by 83 per cent in the first half of FY24.

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