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FINANCIAL NEWS
Jaguar Land Rover expects 15% increase in UAE sales
06 Nov 2011
(MENAFN) Jaguar Land Rover expects 15 percent rise in car sales in the UAE by year-end, Arabian Business reported.
The luxury car maker said that it witnessed strong performance growth in the first 10 months of this year compared to the same period last year, signaling a return to pre-recession sales levels.
Jaguar Land Rover’s exclusive UAE importer-dealer Al Tayer Motors in the UAE recorded 20 percent rise in Jaguar sales, and 11 percent in Land Rover sales.
Middle East North Africa and Pakistan rank as Jaguar Land Rover’s fifth largest market in terms of retail volumes globally, and recently it entered in to Azerbaijan market and introduced Jaguar brand in Iraq.
The company recorded 26 percent increase in global retail sales for September 2011, lead by record growth in China.
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