Jaguar Land Rover Racks Up Record Sales Around The World
Jaguar Land Rover has shrugged off any Brexit blues by racking up record global sales of more than 621,000 cars. Boosted by new models, the British carmaker revealed that booming exports to China - now its biggest market after sales rose nearly a quarter - and to the US helped offset a weaker European market. Both brands recorded a record year, but Jaguar Land Rover, owned by Indian conglomerate Tata, warned that continued government demonisation of diesel and threat of new taxes and charge could hit future UK sales. Sales overall were up 7 per cent for the group. At home, Jaguar Land Rover sales in 2017 were on a par with the 2016 record year with sales of 117,748 cars, 'bucking the overall trend in the company鈥檚 domestic market, ' it said. Sales across the Atlantic and in China were the main success story. JLR said: 'Growth in China and the USA helped offset the impact of difficult market conditions in the European, UK and Overseas markets. China was the company鈥檚 largest sales region in 2017 with annual sales of 146,399, up 23 per cent year-on-year.
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It's finally here. Land Rover on Tuesday unveiled its redesigned Defender at the Frankfurt International Motor Show and confirmed the vehicle for a showroom appearance next spring. Redesigning an icon is never easy, especially one that essentially hasn't changed for more than three decades, as is the case for the Land Rover Defender. Nevertheless, Land Rover stood up to the challenge and the result is the impressive new 2020 Defender. The vehicle is based on an evolution of the D7 platform found in the Discovery and Range Rover Sport. Referred to as D7x, the platform is a much tougher design developed to handle the extreme conditions Defenders often handle. It's also relatively light. Thanks to aluminum construction, the lightest version of the new Defender tips the scales at 4,815 pounds. In developing the new Defender, Land Rover tested the SUV in the hot and dusty conditions of the Middle East desert during the summer as well as the extreme cold of the article circle during the winter.
Shanghai Auto's purchase of Nanjing's car operations has been prompted by the Chinese government rightly banging heads together to make a go of the MG brand and to consolidate a fragmented industry in China. While Nanjing beat Shanghai in the bidding for MG Rover's assets back in 2005, it is a small firm and never really had the resources to invest in the brand and to develop new models. Its joint venture in China with Fiat has not gone well and the firm has never successfully developed a new model and brought it to market. Indeed, progress since 2005 has been painfully slow. Shanghai was always the better bet for reviving MG given its size and ability to generate cash, as the unions rightly pointed out at the time. Things now look more positive for an MG revival at Longbridge. This was the firm which should have taken over MG in the first place.
