10-10-13 8:48 AM EDT | Email Article

By Marietta Cauchi

 

LONDON--Luxury automaker Jaguar Land Rover Thursday posted record sales for September with year-to-date sales already exceeding its performance for the whole of 2012, as demand for both brands increased in all regions with a particularly strong contribution from China.

The manufacturer, owned by India's Tata Motors Ltd. (TTM), said it sold 43,181 vehicles in September, up 17% on the year. Sales of premium brand Jaguar were up 35% as buyers for its new F-Type model added to continued demand for its XJ and XF models while the Range Rover Evoque was behind a 13% increase in Land Rover sales.

September sales in the China region were up 46% with the broader Asia-Pacific region recording a 29% increase. Sales in the U.K. also saw double-digit growth.

Sales for the first nine months of the year were up 16% as all main regions recorded an increase--Asia Pacific was up 29%, China rose 24%, North America increased by 17%, the U.K. by 15%, Europe by 5% with other overseas markets up 19%.

Jaguar Land Rover continues to benefit from investment from its Indian parent and last month announced plans to spend 1.5 billion pounds ($2.35 billion) on its plant in Solihull, central England.

In turn, investments from Tata and from other foreign car manufacturers such as Japan's Nissan Motor Co. and BMW AG continue to fuel the booming recovery in the U.K.'s auto industry.

Write to Marietta Cauchi at marietta.cauchi@dowjones.com

 

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(END) Dow Jones Newswires

October 10, 2013 08:48 ET (12:48 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.
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