Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
Land Rover range sales declined 6.9 per cent in 2018 to 4,11,875 units. File photo
Tata Motors-owned Jaguar Land Rover (JLR) on Thursday reported a 4.6 per cent fall in global vehicle sales to 5,92,708 units in 2018 hit by tough market conditions in China.
Sales of Jaguar brand of vehicles during the year stood at 1,80,833 units, a growth of 1.2 per cent over 2017 sales, the company said in a statement.
However, Land Rover range sales declined 6.9 per cent in 2018 to 4,11,875 units, it added.
“The economic slowdown in China along with ongoing trade tensions are continuing to influence consumer confidence. The impact is being felt across several industries globally,” JLR Chief Commercial Officer Felix Brautigam said.
Despite this, the company continues to work closely with retailers and is taking necessary actions to balance production with demand in order to rejuvenate sales as part of turnaround plan for the business, he added.
For December 2018, the total sales for JLR were at 52,160 units, a decline of 6.4 per cent as compared with December 2017, the company added.
The company, which is the United Kingdom’s largest automotive manufacturer, said sales during the month were impacted primarily due to ongoing challenging market conditions in China.
“JLR continues to work closely with retailers in China to respond to the present market conditions,” it said.
Indian researchers are working on cells that can store more energy, last longer
To fix a broken bone, doctors often harvest another bone from the patient’s body or from someone else. It ...
Superconductors from IIScScientists at IISc Bangalore have invented a device with a nanocrystal structure ...
Engineering and construction giant L&T has won a licence from the Council of Scientific & Industrial ...
Will a stock continue its current trend or will it reverse? We tell you how you can read chart patterns to ...
Sensex and Nifty 50 saw selling interest on Friday and slumped; selling pressure could continue
Investors with a long-term horizon can consider this offer
Most AMCs have been sending out cryptic e-mails. We tell you how to read between the lines
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
Forget the tuna. The island nation will keep you full and happy with coconut, koftas and jasmine
This year, on Facebook, I saw that someone had posted a list of EASY RESOLUTIONS. I didn’t copy them down but ...
With strokes of quirky humour, Partha Pratim Deb uses pulp, terracotta, glass and discarded cloth to create ...
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor