|Rodeo Drive perhaps, or maybe La Condamine|
Land Rover was up 9% in June, although down 4% YTD. The end of the Defender and a gap between Discovery 4 and 5 were the reasons for that. With the Disco 5 winding up and the Velar about to hit the ground, the second six months will be busy.
Apart from the two above mentioned models, all others improved on 2016, albeit somewhat modestly. The Range Rover was the stand out with a 12% increase. This year LR has has been accounting for 70% of JLR sales, down recently on a sales surge from stablemate Jaguar. That seems to be leveling off and with the new models it may even take some of that percentage back.
Europe is the largest region for LR, with 45% of sales. The UK is the main market within that area. China had a small increase and reached 21% of the total.
Add Jaguar and the increase for June is 11% and 9% YTD. China and North America both experienced the largest gains. Sales reached 317,000.
Summary: Just as Jaguar settles down after a strong period of growth, Land Rover kicks in with two new models. In 2016, JLR reached 583,000 sales and for 2017 the 600k mark should be passed without raising a sweat. LR did 435,000 of the 2016 total and in 2017, I envisage that record will be broken but whether the 450k mark will be reached I'm unsure.