JLR post masstive sales increase

[glazbagun]

Just read that JLR have posted a 42% YoY sales increase & fat order book. Good news after some tough years:

https://www.theguardian.com/business/2023/nov/02/j...

[anonymous-user]

Why is it good news?

[Earthdweller]

Booming sales of RR and LR Defender just as they become uninsurable

Might not end well

[Andy86GT]

Living in Warwickshire they are absolutely everywhere, looking out my window I can see 4 JLR vehicles.
I'm assuming most are 'management' cars which get lightly used then sold as approved used helping to move large quantities into the market.

[Harpoon]

I saw this thread on Twitter earlier about the number of RR and RRS on Autotrader, with comments on the insurance costs being a big issue now. Some big insurance costs being talked about (if true)

https://twitter.com/Tim_Oldland/status/17198204017...

[Silvanus]

glazbagun said:

Just read that JLR have posted a 42% YoY sales increase & fat order book. Good news after some tough years:

https://www.theguardian.com/business/2023/nov/02/j...

42% between April and September compared to last year. According to SMMT they are up just under 17% for the year compared to last year, still pretty good, but their market share has actually dropped slightly.

[Silver3ides]

... And Months later into your dream purchase 'JLR CEO apologises for parts delays as 5000 cars await repair' and 'Autocar then revealed that dealers had been advised to use second-hand parts in a bid to clear the backlog'

https://www.autocar.co.uk/car-news/consumer/jlr-ce...

[911Spanker]

Will Jaguar survive?

[Jader1973]

Andy86GT said:

Living in Warwickshire they are absolutely everywhere, looking out my window I can see 4 JLR vehicles.
I'm assuming most are 'management' cars which get lightly used then sold as approved used helping to move large quantities into the market.

“Management” cars help sales because they are counted as a registration.

Need to boost sales? Simply give employees access to more (i.e. 3 instead of 2) or cheaper company / lease cars, or lower the changeover time / miles.

[glazbagun]

911Spanker said:

Will Jaguar survive?

FWIR, the new electric XJ was at the test-driving stage when the new boss canned it & ordered a new direction entirely. Hopefully not just badge engineering or 2 ton SUV's forever.

[whp1983]

Fat order book indeed…. They can’t deliver anything… two people I know nearly at 2 years for latest RR. It’s even changed model year and spec during their wait. Volume maybe but crap production seems equally to blame.

[akadk]

Jader1973 said:

Andy86GT said:

Living in Warwickshire they are absolutely everywhere, looking out my window I can see 4 JLR vehicles.
I'm assuming most are 'management' cars which get lightly used then sold as approved used helping to move large quantities into the market.

“Management” cars help sales because they are counted as a registration.

Need to boost sales? Simply give employees access to more (i.e. 3 instead of 2) or cheaper company / lease cars, or lower the changeover time / miles.

Factually incorrect

[rodericb]

James6112 said:

Why is it good news?

Fire brigades across the country will get extra funding.

[LJF_97]

Ah, the company Pistonheads loves to hate. I'm glad it's on the up, keeps thousands of people in jobs.

[Gourockian]

LJF_97 said:

Ah, the company Pistonheads loves to hate. I'm glad it's on the up, keeps thousands of people in jobs.

It's crazy isn't it! Half the midlands is kept employed by a profitable JLR but loads on here seem to want them out of a job

[rodericb]

Gourockian said:

LJF_97 said:

Ah, the company Pistonheads loves to hate. I'm glad it's on the up, keeps thousands of people in jobs.

It's crazy isn't it! Half the midlands is kept employed by a profitable JLR but loads on here seem to want them out of a job

How many people work at JLR?

About half of them....


I kid....

There's many other folk who are indirectly employed, like firemen, carpark builders, environmental lobbyists.......

[Sheepshanks]

Earthdweller said:

Booming sales of RR and LR Defender just as they become uninsurable

Might not end well

They export the vast majority of what they build so insurance issues in the UK don’t matter too much.

[NomduJour]

Given today’s publicity about security upgrades from the factory, seems they do.

[richhead]

I dont understand the jlr market, the products are crap most would agree, yet people still que to get them with massive waiting lists, i get its employing alot of british people, but the product is frankly not fit for perpose. Whats the draw? Its not even a british company anymore, almost all the cars i see at the side of the road are jlr, why do people buy them. They are the modern layland

[WonkeyDonkey]

richhead said:

I dont understand the jlr market, the products are crap most would agree, yet people still que to get them with massive waiting lists, i get its employing alot of british people, but the product is frankly not fit for perpose. Whats the draw? Its not even a british company anymore, almost all the cars i see at the side of the road are jlr, why do people buy them. They are the modern layland

What a load of tosh.

I bet you're a true believer in germun engineering as well aren't you?

They may not be owned by the English anymore, haven't been for a long time but they still employ an awful lot of British people both directly and indirectly. The money they pay in wages is extremely good. All of that gets filtered back to the UK through taxation and the excess local spending the employees can afford to do.

Much better than the pittance Amazon and the like pay their British workers who then have to stil rely on government hand outs to get by. Despite generating profits jlr could only dream of.

The range rover is still the benchmark vehicle for cars of its type.