Jaguar Land Rover India has announced a growth of 16 percent in the year 2018. The car maker sold 4.596 units in 2018 as compared to 3.954 units in 2017.
The car maker also says that over half the sales last year have come from SUVs and models that include the Land Rover Discovery Sport, Range Rover Evoque, Jaguar F-PACE, XE and XF.
Significant launches in 2018 included the Range Rover Velar, Range Rover Evoque Convertible, Model Year 2018 Range Rover and Range Rover Sport, Jaguar F-Pace petrol and the 50th anniversary Jaguar XJ50.
Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd. (JLRIL) said:
“The auto industry faced strong headwinds in 2018, especially in the second half with tight liquidity conditions, increased upfront insurance costs and increased lending rates. Despite that, the growth of Jaguar Land Rover in India has been very encouraging for us and we continue to focus on strong product launches and an ever improving customer experience in 2019 for the two iconic brands, Jaguar and Land Rover.
Land Rover also celebrated its 70th Anniversary in 2018.