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PRIVACY
Manufacturing

Land Rover delivers another record-breaking sales performance

Solihull-based group sold nearly 55,000 vehicles in the º£½ÇÊÓÆµ last year, beating the 2012 record

Land Rover production at Solihull

Midland manufacturing success story Land Rover roared into 2014 with another record-breaking performance – clocking up its best º£½ÇÊÓÆµ sales figures in more than 60 years.

The Solihull-based group sold nearly 55,000 vehicles in the º£½ÇÊÓÆµ last year, beating the 2012 record, with strong demand for the new Range Rover helping drive the surge. The turnover increase saw Land Rover sell more vehicles than at any time since the first º£½ÇÊÓÆµ 4x4 was produced in 1948, new figures showed.

Society of Motor Manufacturers and Traders figures show that Land Rover sold 54,699 vehicles in the º£½ÇÊÓÆµ last year, an all-time record.

Jaguar sales were also up for the year, from 14,109 in 2012 to 16,210 for 2013, which saw the launch of the Jaguar F-Type, the new two-seater sports car.

The º£½ÇÊÓÆµ sales record for Land Rover follows a year of increasing profits for parent group Jaguar Land Rover. Pre-tax profits for the first quarter of 2013-14 surged by 25 per cent to £415 million, marking a daily profit of £4.5 million.

The JLR boom came as º£½ÇÊÓÆµ new car sales accelerated to a six-year high of nearly 2.265 million in 2013.

A total of 2,264,737 new cars were registered in 2013, up 10.8 per cent on the 2012 figure and the best annual total since 2007, according to the SMMT.

SMMT chief executive Mike Hawes said: “With its best year since pre-recession 2007, the º£½ÇÊÓÆµ new car market has helped stimulate the country’s economic recovery.