JLR India reported its best Q1 sales performance in Q1 FY24, with a 102% increase in retailing 1048 units. This growth was driven by a 209% increase in Range Rover, Range Rover Sport, and Defender sales, which contributed 78% of the current order book. Mr. Rajan Amba, Managing Director of JLR India, praised the exceptional equity of the JLR brands and their class-leading collection of modern luxury vehicles.
The order book for Q1 FY24 grew by 88% compared to the same period last year, covering over six months of sales and showing a consistent increase month-on-month. The JLR-certified pre-owned business also saw a 137% increase in Q1 FY24, reflecting the growing demand and equity of JLR brands in India.
The company has an impressive line-up of product initiatives scheduled for the year, including the release of the enhanced Range Rover Velar. JLR has also announced its new corporate identity and House of Brands approach to highlight the unique DNA of each of its brands, including Range Rover, Defender, Discovery, and Jaguar.
