Jaguar Sales Rise 8 Percent in 2008
Trouncing the red-ink trends of most automobile makers in 2008, Jaguar posted an 8 percent sales increase for 2008, selling 65,000 vehicles worldwide. Jaguar stopped reporting sales figures earlier this year when it was purchased by Tata Motors, but Managing Director Mike O’Driscoll revealed the good news Tuesday at the 2009 North American International Auto Show.
In the United States, sales were down 4 percent, to 15,500 units, O’Driscoll said. According to Automotive News, Jaguar’s U.S. sales have dropped 75 percent since peaking at 61,204 units in 2003, when Ford was the luxury carmaker’s owner.
Gary Temple, CEO of Jaguar Land Rover North America said the company expects Jaguar sales to be flat this year. Jaguar showed its 2010 XKR and an all-new XFR at the 2009 NAIAS, both of which will be available in March.
Source: Automotive News