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Deckel S 1 Tool and Cutter grinder 111145
Deckel S 1 Tool and Cutter grinder  

[Ref: 107681]
Deckel S 1 Tool and Cutter grinder [Ref: 107681] ...
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'Transitional issues' affect JLR

Posted on 24 Sep 2018 and read 2791 times
'Transitional issues' affect JLRLast month, Jaguar Land Rover (JLR) reported total retail sales of 36,144 vehicles for July 2018; this figure was down 21.6% on July 2017, primarily reflecting “transitional issues” in certain markets.

Sales in China were down by 46.9%, reflecting continued market volatility in the first month of the duty change, as well as trade tensions.

Sales were also down in Europe (26.5%) and the UK (18.3%), impacted by the industry-wide issue of delays in WLTP certification of 2019 model year vehicles.

JLR (www.landrover.com) says it has made good progress, and all its vehicles are certified — or expected to be certified shortly. Retail sales were also down in North America (9.5%).

JLR expects sales growth for the full year with its strongest product line-up ever.

This includes the Range Rover Velar, the Jaguar E-PACE, the refreshed Range Rover and Range Rover Sport (with a plug-in hybrid electric option) and the Jaguar XEL long-wheelbase in China.

Sales of the electric Jaguar I-PACE have started with a strong order book (in excess of six months.)

Speaking in August, Felix Brautigam (JLR chief commercial officer), said: “We have had challenges to navigate in key markets this month; despite that, we have lots of reasons to be positive.

“After some short delays because of the transfer to WLTP emissions regulations we are now well-placed in the premium market.

“We anticipate that the impact of this transfer will be short-lived.

“We are also adapting to the impact of tariff changes in the Chinese market.

“While this could strengthen demand, the trade conflict with the USA has a negative effect on automotive buyers’ confidence and transaction prices in China.

“Also, the US car market has recently shown signs of softening. We remain positive and confident in our award-winning product line-up.”

JLR total retail sales for the first seven months of 2018 were 354,363 units, down 2.4% compared to the first seven months of 2017.