JLR Performance Soars: Record-breaking H1 Sales Double to 2,356 Units

Jaguar Land Rover (JLR) India announced its best-ever performance after selling 2,356 vehicles in the first half of the current fiscal year. This marks a significant achievement compared to the previous fiscal year, where the carmaker sold only 1,194 vehicles between April and September.

The stellar sales figures were driven by JLR India’s record-breaking performance in both quarters with the second quarter witnessing a remarkable 108% year-on-year rise and retail sales reaching 1,308 units.

In the first quarter, sales increased by an impressive 102% compared to the same period the previous year.

“The continuous growth in our order book highlights the increasing popularity of our brand and products among Indian consumers,” said Rajan Amba, Managing Director of JLR India. Amba further emphasized the company’s commitment to launching innovative products that cater to the discerning needs of customers, as well as investing in improving customer satisfaction and brand desirability.

JLR India also reported a steady increase in the order book for FY24, with the closing order book for the first half being 90% higher than the same period in 2011. The Range Rover, Range Rover Sport, and Defender models remain in high demand, making up 72% of the entire order book. The present order book represents more than eight months’ worth of sales.

Notably, the Defender model emerged as the best-selling model, with sales of 1,000 units in the first half of the fiscal year.

Furthermore, JLR India witnessed an 83% increase in its certified pre-owned business in the first half of FY24.

Reference

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