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China trade spat hits JLR global retail sales in November

Auto News - Published on Wed, 12 Dec 2018

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Tata Motors-owned Jaguar Land Rover (JLR) last week reported 8% decline in its global retail sales at 48,160 units for November 2018, impacted majorly by the challenging market conditions in China. In North America, company's retail sales registered 18.1% growth last month, driven by strong sales of Range Rover models. Company said “The recent global trade tussle combined with US frequent warning to increase auto tariffs on imported cars resulted in 50.7% decline in sales on YoY basis in the Chinese market.

JLR, however, confirmed that it continues to work closely with retailers in China to respond to the present market conditions.

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Posted By : Joykumar Irom on Wed, 12 Dec 2018
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