Jaguar Land Rover Report US Sale for May 2010

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·         Land Rover extends growth streak to 8 months with 22% increase over May 09

·         Re-designed 2010 Land Rover LR4 sales more than double compared to 2009

·         The flagship Range Rover posted a 179% increase over May 09

·         Jaguar XJ hits dealerships in volume in June to fill out Jaguar lineup

·         Jaguar launches class-leading Platinum Coverage for 2011 MY Line-up

 

JUNE 2, 2010, MAHWAH, NJ – Jaguar Land Rover North America today reported May U.S. sales: Land Rover sales were 2709 units, 22 percent up from 2223 units in May 2009; Jaguar sales were 962 units, 18 percent down from 1168 units in May 2009, The Jaguar brand will be significantly boosted going forward by the return of the XJ sedan to the showroom in June. Jaguar Land Rover North America May U.S. sales for both brands total 3671 units, an 8 percent increase from 3391 in May 2009. On a calendar year to date basis versus 2009, Jaguar Land Rover North America sales are up 7 percent to 16,407 units.

 

"Market demand for new products has proven to be robust this year with fantastic response to the updated Land Rover and Range Rover models," said JLRNA President Gary Temple. "We look for continued momentum for Land Rover as well as a similar reaction in the Jaguar showrooms now that we have just begun deliveries of the new XJ, and will begin to have 11 MY vehicles in stock being offered with Jaguar Platinum Coverage."

 

U.S. BRAND HIGHLIGHTS

 

Land Rover

 

Land Rover's U.S. sales in May were up 22 percent, the brand's 8th consecutive month of U.S. sales growth, driven by the launch of the new 2010 models. The volume leader for May was the Range Rover Sport with 1082 units sold, even with May of 2009. The re-designed 2010 LR4 continues its sales surge, increasing 146 percent to 632 units, up from 257 in May 2009. The Range Rover increased 179 percent with 745 units versus 267 in May 2009. For the year, sales Land Rover's four models have increased 20% to 12,174 units.

 

For the 2010 Model Year Land Rover's lineup features four models: The 230-hp 3.0 liter I6 powered LR2; the new LR4 powered by the 375-hp 5.0 liter V8; the Range Rover Sport and Range Rover, both available with the naturally-aspirated 375-hp V8 and 510-hp supercharged 5.0 liter V8 powertrains.

 

Jaguar

 

For May, Jaguar's U.S. sales of the 2010 Jaguar XF sales reached 719 units, down 9 percent from 790 sales in May 2009. For the year, Jaguar XF sales are 3,157 units, down 6 percent.

 

The first 44 retail deliveries of 2011 Jaguar XJ models occurred at the end of May. With the 2011 Jaguar XJ hitting the dealerships in volume in June, the company will now have two volume vehicles in its lineup.

 

For the 2011 MY, Jaguar Platinum Coverage will give Jaguar owners increased vehicle warranty coverage and the best maintenance plan in the business. The new Jaguar Platinum Coverage features a five year/50,000 mile new vehicle limited warranty and complimentary scheduled maintenance for the duration of the warranty period, including no-cost replacement of select wear and tear components, and 24/7 roadside assistance. This no-cost coverage includes oil changes, filters, brake pads, brake discs, brake fluids and wiper blade inserts.

 

About Jaguar / Land Rover

 

Jaguar Land Rover is a business built around two great British car brands that design, engineer and manufacture in the UK. Jaguar Cars Limited, founded in 1922, is one of the world’s premier manufacturers of luxury sedans and sports cars. Since 1948 Land Rover has been manufacturing authentic 4x4s that define 'breadth of capability' in their segments. The Jaguar XF, XJ and XK models are manufactured at the company's Castle Bromwich plant in Birmingham, while the Land Rover LR2 (Freelander 2) is produced at the Halewood plant in Liverpool. Land Rover's Defender, LR4 (Discovery 4), Range Rover Sport and Range Rover models are all built at the company's Solihull plant. The Jaguar Land Rover business employs 16,000 people, predominately in the UK, including some 3,500 engineers at two product development centers in Whitley, Coventry and Gaydon, Warwickshire. The business is a major wealth generator for the UK with 78 percent of Land Rovers exported to 169 countries and 70 percent of Jaguars exported to 63 countries, with sales to customers conducted principally through franchised dealers and importers.

 

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