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JLR crosses 600,000 sales barrier in 2016-17

By Niranjan Mudholkar,

Added 10 April 2017

For the first time in the company’s history

Jaguar Land Rover has reported record retail sales of 604,009 vehicles (including sales from its China joint venture) in the financial year, up 16 percent compared to last year, exceeding 600,000 for the first time in the company's history.

Retail sales for the fourth quarter were 179,509 vehicles, up 13 percent on the same quarter a year ago, and March sales reached 90,838 units, up 21 percent on March 2016.

Retail sales for the full financial year were up year-on-year in China (32 percent), North America (24 percent), the UK (16 percent) and Europe (13 percent), whilst sales in other overseas markets were down 6 percent. For the month of March, retail sales were up in Europe (21 percent), North America (21 percent), China (21 percent) and overseas markets (6 percent) compared to March 2016. In the UK, March sales were up 26.5 percent to a record 31,778 vehicles.

Andy Goss, Jaguar Land Rover group sales operations director, said, "These numbers set the seal on Jaguar Land Rover's seventh successive year of sales growth, by breaking through the 600,000 barrier. We continue to make encouraging gains in key markets such as China and North America as well as seeing sustained customer demand for the Jaguar F-PACE, Range Rover Evoque and Land Rover Discovery Sport.

(Continued on the next page)

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