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2013-05-31 09:02

FASTEST RANGE ROVER YET FOR SA: SA fans can look forward to the new Range Rover Sport set to reach our shores in November 2013.Image: AFP

Jaguar Land Rover Automotive reports positive financials of R242-billion for the fiscal year (ended March 31 2013), up 17% from R210-billion achieved in 2012.

Retail sales increased by 22% to 374 636 vehicles, bolstered by the new Range Rover, Jaguar all-wheel drive XF and XJ and the XF Sportbrake.

The company generated positive sales growth in all regions.


Jaguar Land Rover chief executive officer, Ralf Speth, said: "The positive result for the financial year demonstrates that we have strong demand for our great, solid product portfolio all around the world.

“During this period Jaguar Land Rover unveiled major new products, the all-new all aluminium Range Rover and the Jaguar Sportbrake, the AWD XF and AWD XJ and the stunning F-TYPE.

“Jaguar Land Rover invested significantly in the product creation process, in our advanced manufacturing sites and created more than 3000 jobs. This commitment is set to continue with a sustained programme of investment which will see us spend in the region of R42bn on new product, people and infrastructure in the year to March 2014.”

Jaguar Land Rover 2012/13 global sales:

Total - 374 636 up 22%
Europe - 80 994 up 18%
China - 77 075 up 48%
UK - 72 270 up 20%
North America - 62 959 up 9%
Asia Pacific - 17 849 up 27%
Overseas - 63 489 up 19%

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