![]() ![]() The number of cars made for wholesale was up 73% between April and June, but the chip shortage had reduced the expected jump by 27%. So, with the Defender booming and the market recovering well, JLR should be out of the woods, but the company says the second quarter of this financial year will be even tougher thanks to the chip shortage. It’s a cost that will repay itself handsomely. We can probably chalk that down to preparations for the Range Rover 5 and the new Range Rover Sport and the all-new MLA platform. However, £571m of that was invested in machinery and capital investment and research and development. ![]() The loss for this quarter was £110m, though JLR admits it has spent nearly a billion in cash over the same period. And just over 29,000 Jaguars were sold, which is impressive considering that the demise of ICE Jaguars was revealed to be only four years away.Īnd talking of alternative power, JLR’s latest financial presentation reveals that 57% of the last quarter’s output was mild hybrid, 6.5% plug-in hybrid and just 2% pure EV. The Defender is really starting to make waves, selling a bit over 17,000 units in the three month period, not so far behind the combined 19,000 sales of the Land Rover Discovery and Discovery Sport. ![]() The UK was the fourth market at 24,000 sales. North America was the company’s biggest market between April and June (selling 31k) followed by China and Europe.
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