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Tag: land rover

  • Jaguar Land Rover store opens at Westfield Bondi Junction

    Jaguar Land Rover store opens at Westfield Bondi Junction

    Australia’s first Jaguar Land Rover retail experience store has opened at Westfield Bondi Junction last week.

    The new-look premium retail experience store covers 290sqm over two floors and showcases display vehicles housed in two state-of-the-art digital vehicle configuration spaces.

    Electronic displays allow customers to “build” their cars on-screen, changing and comparing interior and exterior colours, adding options and also try different wheels and trims to create unique vehicles.

    The auto firm said the space offers a different experience to traditional automotive retail outlets, and is staffed by dedicated product experts.

    The location will offer a full range of Jaguar and Land Rover vehicles on-site at the shopping centre for immediate test drives.

    Jaguar Land Rover Australia’s managing director, Matthew Wiesner, said the new retail experience store’s location puts it right in the heart of one of Sydney’s most upbeat areas.

    “We are very excited to see the first Jaguar Land Rover premium retail experience store in Australia and we are extremely pleased to have worked with our partner Inchcape to bring it to fruition, he said.

    “The location at Westfield Bondi Junction illustrates how changing market trends and buyer demands are bringing the premium retail experiences to shopfront locations.”

    Designed by Centric Architects and built by Reitsma Constructions, the store also carries a complete range of quality, branded merchandise from clothing and accessories to luggage and die-cast models, office items, toys, tees and back packs.

    “This fantastic new facility is in line with our own approach to delivering new, customer-centric ways of experiencing the brands, sophisticated environment that is totally focussed on consumer needs and convenience,” said Nick Senior, CEO of automtive supplier, Inchcape.

  • Britain’s Jaguar Land Rover opens first overseas engine plant

    Britain’s Jaguar Land Rover opens first overseas engine plant

    Jaguar Land Rover opened its first overseas engine plant on Friday, picking China for the investment a week after saying it would build a global model entirely outside Britain for the first time.

    Britain’s biggest carmaker, which already operates a plant in China as part of a partnership with Chery, said the new facility was part of a 10.9 billion yuan ($1.6 billion) investment with the Chinese automaker.

    “The new engine plant demonstrates Jaguar Land Rover’s long-term commitment to the Chinese market, providing customers with an exciting range of vehicles and powertrain options, as well as to its joint venture,” JLR said in a statement.

    The site will make the new Ingenium 2.0-litre four-cylinder petrol engine. China was JLR’s fastest growing market in 2016, accounting for 20 percent of global sales.

    JLR, owned by India’s Tata Motors, is rapidly expanding its production levels and model line-up and decided in 2015 to build a major new plant in Slovakia, rather than expand its operations in Britain.

    Earlier this month, the automaker said it would build its new E-PACE compact sport utility vehicle in Austria and China, the first car made for global sale to be built outside of Britain.

    Like much of the British car industry, JLR is worried that Brexit could leave its car exports facing lengthy customs delays and tariffs of up to 10 percent, jeopardising the viability of production in Britain.

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  • Jaguar Land Rover overall retail sales up 1.2 pct in May

    Jaguar Land Rover overall retail sales up 1.2 pct in May

    Jaguar Land Rover says overall retail sales for Jaguar Land Rover were 45,487 in May, up 1.2 percent year-on-year.

    Jaguar Land Rover says Jaguar May sales were 13,613 vehicles, up 28 percent year-on-year. Jaguar Land Rover says Land Rover retailed 31,874 vehicles in May, down 7.1 percent year-on-year.

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  • DHL to provide in-plant logistics for Jaguar Land Rover’s new factory

    DHL to provide in-plant logistics for Jaguar Land Rover’s new factory

    DHL has been appointed to manage in-plant logistics for Jaguar Land Rover’s new manufacturing plant in Itatiaia, Brazil. Under the new contract DHL Supply Chain will oversee all aspects of the supply chain, from warehousing through to sequenced track-side delivery. The scope of work also includes the delivery of sub-assembled kits to the production line, streamlining the manufacturing process.

    “We’re delighted to have secured this new contract with Jaguar Land Rover which builds on our long-standing relationship,” said DHL Supply Chain’s Director of Business Development for Brazil, Miquele Lioi. “Our proposal was built on three key pillars: unrivalled sector expertise, derived from managing more than 250 automotive logistics operations worldwide; our strong presence in the Itatiaia region and a clear focus on delivering efficiency and control.”

    Goods arriving at the warehouse will be stored in 8,500 pallet locations where DHL will sort, move and sequence parts, as well as sub-assemble kits of up to 25 components, before shipping in sequence to the assembly line.

    “In these challenging times, the automotive industry has proved that it can reinvent itself by identifying new market approaches, such as Jaguar Land Rover’s new plant in Brazil. In this case, sound logistics planning and a safe and efficient execution are critical to achieving business success,” added Lioi.

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  • Tata Motors” arm reports 12% rise in December retail sales

    Tata Motors” arm reports 12% rise in December retail sales

    Tata Motors’ subsidiary — Jaguar Land Rover (JLR) has achieved its best ever December sales performance in 2016, with total retail sales of 55,375 vehicles, up 12% on the prior year, primarily driven by the ongoing success of the Jaguar F-PACE, Land Rover Discovery Sport and the Range Rover Sport as well as strong demand for the long wheel base Jaguar XFL in China. JLR total retail sales for the full 2016 calendar year also reached record levels with sales of 583,312 units, up 20% compared to 2015.

    JLR’s global retail sales performance for December shows strong growth in China (up 36%), North America (up 30%) and Europe (up 8%) but softer sales in the UK (down 3%) and in other overseas markets (down 16%).

    Jaguar retail sales were up 95% in December 2016, retailing 16,349 vehicles driven by the ongoing success of the F-PACE and strong demand for the long wheel base XFL in China. Jaguar retail sales for the full 2016 calendar year reached 148,730, up 77% compared to 2015.

    Land Rover retailed 39,026 vehicles in December 2016, down 5% compared to December 2015 as strong retail sales of the Discovery Sport and Range Rover Sport were offset by lower sales of the discontinued Defender and Discovery models. Land Rover retail sales for the full 2016 calendar year reached 434,582, up 8% compared to 2015.

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  • Jaguar Land Rover sells record 583,313 cars in 2016

    Jaguar Land Rover sells record 583,313 cars in 2016

    Britain’s biggest carmaker Jaguar Land Rover sold a record 583,312 cars last year as the Indian-owned firm continues its rapid expansion with the aim of building 1 million vehicles a year at the turn of the decade.

    Sales were up 20 percent from the previous year, although sales growth slowed to 12 percent year-on-year in December, the carmaker said.

    The automaker, which spent years in the doldrums before being bought by India’s Tata in 2008, has since invested heavily in new models and expanded production with plants in China and Brazil and construction of a new site in Slovakia under way.

    Sales of luxury Jaguar models rose 77 percent to 148,730 units in 2016 due to strong demand for a range of new high-end products including the F-PACE, the brand’s first off-roader which was launched last year.

    Europe was the carmaker’s biggest overall market, accounting for almost a quarter of total demand.

    The firm said its line-up will continue to expand but it has warned about the negative effect any tariffs on its business imposed as part of a Brexit deal could have if Britain were to lose unfettered access to the single market.

    Its annual profit could be cut by 1 billion pounds ($1.23 billion) by 2020 if Britain returned to World Trade Organization rules for trade with the continent, two sources told Reuters last year.

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  • Jaguar Land Rover October sales up 11% at 46,325 units

    Jaguar Land Rover October sales up 11% at 46,325 units

    Tata Motors-owned Jaguar Land Rover (JLR) today reported 11 per cent increase in October retail sales of 46,325 units. The month’s performance has been driven by strong sales of the Land Rover Discovery Sport, Range Rover Evoque, Jaguar XF and the introduction of the Jaguar F-PACE, as well as strong year-on-year sales growth in China and Europe, JLR said in a statement.

    JLR Group Sales Operations Director Andy Goss said: “With our most engaging productline up to date, we are continuing to see positive sales momentum. Impressive performances across Europe and China have boosted our year-to-date sales to over 4,80,000 vehicles.”

    The company said its retail sales grew across majority of key regions in October year-on-year, with China up 39 per cent, Europe up 25 per cent, the UK and North America both up 8 per cent but other overseas markets were down 22 per cent.

    In the first ten months of 2016, JLR sold 4,80,349 vehicles, 23 per cent up on the same period in the prior year.

    The Jaguar brand recorded retail sales of 14,402 units in October, up 93 per cent on the previous year, reflecting the strong launch of the F-PACE and the introduction of the long- wheel base XFL in China, JLR said.

    Sales of the Land Rover brand however were down 6 per cent in October at 31,923 units. The company had ceased production of the Defender and Discovery in January 2016 and August 2016 respectively.

  • Jaguar Land Rover profits down on slowing demand in China

    Jaguar Land Rover profits down on slowing demand in China

    Jaguar Land Rover became the latest casualty of a slowdown in Chinese auto demand, reporting its steepest drop in quarterly profit in two years after retail deliveries slumped in the world’s largest vehicle market.

    Profit fell 33 percent to 302 million pounds (US$465-million) in the three months ended March, the biggest decline since the quarter ended March 2013. That contributed to a worse-than-estimated drop in earnings at its parent, India’s Tata Motors, which also faced a prolonged slump in demand for commercial vehicles in its home market. Shares of Tata Motors declined.

    The result underscores the reliance of global automakers on China to drive profit growth and the extent of the slowdown in luxury demand after the government’s campaign to stamp out graft and extravagance. Jaguar Land Rover said the introduction of new models, and conditions in China and Russia, may lead to lower margins this year.

    “We see a certain slowdown in the market and we read that many competitors are going to reduce prices,” Ralf Speth, chief executive of Jaguar Land Rover, said on a call with investors. “I can assure you that we will not be the very first ones to reduce prices because we’re convinced we bring color to the Chinese market.”

    Jaguar Land Rover’s retail sales volume declined in the quarter, with deliveries in China falling 20 per cent. The company is seeing a changing Chinese market with more pricing pressure in more segments than in the past, Jaguar Land Rover chief financial officer Kenneth Gregor said on a separate call.

    China’s slowing economy has prompted BMW to cut production and prices in the country. Intense competition is putting pressure on prices, and the automaker doesn’t expect this trend to be reversed in the short term, Friedrich Eichiner, chief financial officer of BMW, said on May 6.

    General Motors cut its prices in China after reporting a decline in deliveries there last month, joining Volkswagen in stepping up discounts. Foreign automakers have also come under increasing pressure from local brands that are gaining market share by offering cheaper sport-utility vehicles.

    Besides discounts, foreign automakers are offering incentives such as subsidized insurance, zero down payment, interest-free financing and higher trade-in prices, according to Sanford C. Bernstein.

    Passenger-vehicle sales rose at the slowest pace in five months in April, with most of the expansion coming from local brands. Vehicle sales in China this year may rise by less than the 7 per cent projected in January, the China Association of Automobile Manufacturers said last month.

    Jaguar has said it plans to unveil 12 new products, including upgrades and variants, this year. A new version of its XF sedan will be introduced in 2015 and the F- PACE crossover in 2016, Speth said yesterday.

    “Jaguar Land Rover is more dependent on China than any other original equipment manufacturer, thanks to extraordinarily high pricing,” Max Warburton, an analyst at Sanford C. Bernstein in Singapore who rates the Tata Motors stock the equivalent of a hold, wrote in a note to clients today. “Slowing premium growth, deteriorating pricing, and falling dealer profitability in China are all issues.”

  • Jaguar Land Rover Opens Showroom in Jakarta

    Jaguar Land Rover Opens Showroom in Jakarta

    British automotive firm Jaguar Land Rover formally opened its showroom in Arteri Pondok Indah to offer its buyer with one-stop answer showroom.

    The six-story showroom, which the carmaker claims to be its largest in Southeast Asia, is constructed on a four,500-square meter website, offering automotive unit gross sales, service and spare elements.

    Twelve educated and authorized inner mechanics will work on the showroom.

    “We consider that the Jaguar Land Rover South Jakarta showroom is ready to meet the purchasers’ wants of Jaguar Land Rover merchandise,” stated Darwin Maspolim, who’s vice chairman of Grandauto Dinamika — Jaguar Land Rover’s sole approved distributor — on Wednesday.

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