Jaguar Land Rover reports muted growth in June sales

Capital Market 

for June were up year-on-year in our Overseas markets (16.7%), in (7.4%) and in the UK (0.9%) was down 9.5% as the reduction in import duties on passenger vehicles, starting 1 July, continued to result in deferred purchases as well as increased incentives in advance of the 1 July effective date. was also down slightly(-3.8%).

Jaguar reta il sales were up 6.4% in June to 16,328 thanks to the introduction of theE-PACE, partially offset by lower sales ofF-PACE and other models.

retailed 35,721 vehicles in June, down 1.5% year on year as the introduction of Velar and increased sales of the refreshed Sport were offset by lower sales of Evoque, Discovery Sport and other models.

total for Q1 FY19 were 145,510, up 5.9% year on year, and retails for the first six months of 2018 calendar year were 318,219, up 0.4% compared to the same period a year ago.

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First Published: Mon, July 09 2018. 10:35 IST