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Birmingham Post
Birmingham Post
Business
Jon Robinson

Jaguar Land Rover hails 'strong demand' as it renews £1.45bn funding pot

Jaguar Land Rover has hailed the "strong demand" in its vehicles as it revealed sales figures for the final three months of 2022.

The manufacturing giant, which has UK factories in the North West and Midlands, confirmed its wholesale volumes were 79,591 vehicles for the period, its third quarter, a rise of 5.7% compared to the prior three months to September 30, 2022, and 15% compared to the same period in the prior year.

Compared to the prior quarter, wholesale volumes were higher in North America (17%), UK (13%) and overseas (10%) and lower in China (13%) and Europe (3%). JLR added that its sales in China were impacted by Covid-19.

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