Rolls Royce and Jaguar report increase in sales
2016 was a great year for both luxury car manufacturers.
According to newly released figures, both luxury car manufacturers Jaguar Land Rover and Rolls-Royce Motor Cars experienced a big increase in sales throughout 2016.
Rolls Royce sold a total of 4,011 vehicles, achieving the second highest sales record across its rich 113-year history whilst Jaguar Land Rover saw an impressive 20% rise on the sales made throughout 2016 and delivered a record 583,12 cars.
Jaguar Land Rover’s current CEO Dr Ralf Speth stated back in November 2016 that, providing he received the right kind of government support, he was keen to double the firm’s production from 500,000 to one million cars per year.
Both the BMW owned Rolls Royce and Tata Motors subsidiary Jaguar Land Rover achieved many sales all over the world, doing particularly well in the US, Japan, Germany and the UK. In fact, the only market which presented some difficulty was the Middle East due to the continuing political and economic turmoil.
"We have seen quite some confidence coming back into the luxury market worldwide and that is part of that success story" said Torsten Mueller-Otvos, a Chief Executive at Rolls Royce.
In an interview with BBC Radio 5 Live, Mueller-Otvos stated he was firmly against Brexit due to the fact that 90% of the company’s output is exported and told how he’d sent a letter round to staff desperately urging them to vote Remain.
He also confirmed Rolls Royce’s plan to increase the size of its Technology and Logistics Centre in West Sussex “to meet growing demand and in readiness for future models.”