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"This is a challenging time for the industry, but we remain focused on sustainable, profitable growth and focused investments that will secure our business in the future," said Dr. Ralf Speth, CEO of Jaguar Land Rover.
Jaguar Land Rover said that "despite difficult market conditions in China," despite solid sales in the third quarter in the United Kingdom and North America, sales fell 47% in the People's Republic.
Of the 13 JLR models of both brands, sales increased only for the I-Pace, E-Pace, Range Rover and Range Rover Sport models over the three-month period. The launch of the all-new Defender and the all-new version of the bestseller Range Rover Evoque can not come at a more crucial time for Jaguar Land Rover.
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