Jaguar Land Rover Notches Big Increases in UK, Asia Pacific
Tata Motors released April sales numbers for its luxury Jaguar and Land Rover vehicle lines today, and sales are soaring.
After March's report showed major moves for Jaguar Land Rover's China operations, this latest report puts the United Kingdom and Asia Pacific region at the forefront of sales. April sales for Jaguar and Land Rover vehicles in those regions clocked in 30% or more above April 2012's numbers, while strong growth in the Asia Pacific region has pushed overall Jaguar Land Rover unit sales there up almost 37% year-over-year.Â Â
This month's biggest drop comes from Europe Jaguar sales, down 19.4% over the last 12 months to 638. China managed an overall 10% improvement over last April's sales for Jaguar and Land Rover, and currently accounts for just over 20% of all of Tata's luxury line sales.
Globally, Jaguar Land Rover sales are up 12.2% for April compared to April 2012. Land Rover sold 23,790 vehicles, fives times Jaguar's 4,710 units.
The article Jaguar Land Rover Notches Big Increases in UK, Asia Pacific originally appeared on Fool.com.Fool contributor Justin Loiseau has no position in any stocks or cars mentioned above.You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.