Range Rover: JLR sales record-high in India during FY23 YTD: Defender sales grow 150%

Jaguar Land Rover (JLR) has achieved its best-ever nine-month sales in India, reaching 3,582 units and experiencing a substantial year-on-year growth of 93 percent by the end of December 2023. The luxury carmaker said that the Range Rover and Defender models had robust performance during the period, contributing to over 75% of the current order book with a YoY increase of 250% and 150% (YTD), respectively.
In the quarter ending December 31, 2023, JLR India achieved a 74 percent YoY growth with 1,226 units in retail sales. Notably, the newly launched 24MY Range Rover Velar recorded exceptional growth, marking a 183 percent YoY increase in sales during the quarter.

Rajan Amba, Managing Director of JLR India, said “Each quarter has shown a surge of nearly 100 percent. The burgeoning order bank and continuous order intake signal a robust demand, underscoring promising future prospects. We are pleased to see that the eagerly awaited Range Rover BEV has generated significant interest among clients across the country, and with our upcoming launches this quarter, we are poised to sustain our growth trajectory in India.”
The order book at the end of Q3 FY24 remained robust, showing a YoY growth of 92 percent. Covering more than eight months of sales, the order book has been consistently increasing month-on-month, the company said in a statement.
Furthermore, JLR’s certified pre-owned business also experienced noteworthy growth, reflecting a 74 percent increase YTD compared to the same period last year.
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