Jaguar Cars Sets First-Quarter Record
6 April 1998
Jaguar Cars Sets First-Quarter RecordMAHWAH, N.J., April 3 -- Jaguar Cars today reported its highest first quarter sales ever in the United States. Record total sales of 5,063 sedans and sports cars for the first three months of 1998 were 6.7 percent better than the previous record of 4,744 set in 1990. Compared with the same period last year, total sales for the first quarter improved 12.4 percent over last year's 4,504 units. "It's very exciting to start the year with a first-quarter record," said Stephen T. Odell, Jaguar Cars vice president of sales and marketing. "Dealers are reporting record showroom traffic and customers are demonstrating an enthusiastic response to our 1998 sedans and sports cars." In the U.S., strong demand for Jaguar's V8-powered XJ Series sedans led an increase in March sales compared with a year ago. Sedan sales rose 43.8 percent to 1,366 for the month, with sales increases for the Jaguar standard wheelbase XJ Sedan (up 116 percent), Vanden Plas (up 42 percent) and the supercharged XJR (up 109 percent). Total sales of 1,943 cars for the month were up 19.9 percent compared with March 1997. Sales in Canada were up 101.2 percent to 167 vehicles for the month of March. Sedan sales improved 163.3 percent to 129 units and sale of the Jaguar XK8 sports car increased 11.8 percent to 38 cars. March U.S. New-Vehicle Retail Sales XJ6/8 XJ6/8 VDP XJR XJ12 4-Door L March 98 579 300 368 119 0 1,366 March 97 268 356 259 57 10 950 change 43.8% March U.S. New-Vehicle Retail Sales (con't) XJS XJS XJS XJS XK8 XK8 Cpe 12 Cpe 6 Cnv 12 Cnv 6 Cpe Cnv March 98 0 0 0 0 64 513 March 97 0 0 1 6 122 541 change March U.S. New-Vehicle Retail Sales (con't) 2-Door Total March 98 577 1,943 March 97 670 1,620 change -13.9% 19.9% 3-Month U.S. New-Vehicle Retail Sales XJ6/8 XJ6/8 VDP XJR XJ12 4-Door L 98 YTD 1,340 832 1,117 359 0 3,648 97 YTD 686 1,158 668 162 38 2,712 change 43.8% 3-Month U.S. New-Vehicle Retail Sales (con't) XJS XJS XJS XJS XK8 XK8 Cpe 12 Cpe 6 Cnv 12 Cnv 6 Cpe Cnv 98 YTD 0 0 0 0 189 1,226 97 YTD 0 0 2 38 326 1,426 change 3-Month U.S. New-Vehicle Retail Sales (con't) 2-Door Total 98 YTD 1,415 5,063 97 YTD 1,792 4,504 change -21.0% 12.4% March Canadian New-Vehicle Retail Sales XJ6/8 VDP XJR XJ12 4-Door March 98 43 70 16 0 129 March 97 17 25 7 0 49 change 163.3% March Canadian New-Vehicle Retail Sales (con't) XJS XJS XJS XJS XK8 XK8 Cpe 12 Cpe 6 Cnv 12 Cnv 6 Cpe Cnv March 98 0 0 0 0 10 28 March 97 0 0 0 0 4 30 change March Canadian New-Vehicle Retail Sales (con't) 2-Door Total March 98 38 167 March 97 34 83 change 11.8% 101.2% 3-Month Canadian New-Vehicle Retail Sales XJ6/8 VDP XJR XJ12 4-Door 98 YTD 99 118 38 0 225 97 YTD 43 58 18 0 117 change 117.9% 3-Month Canadian New-Vehicle Retail Sales (con't) XJS XJS XJS XJS XK8 XK8 Cpe 12 Cpe 6 Cnv 12 Cnv 6 Cpe Cnv 98 YTD 0 0 0 0 10 28 97 YTD 0 0 0 0 16 66 change 3-Month Canadian New-Vehicle Retail Sales (con't) 2-Door Total March 98 73 328 March 97 82 199 change -11% 64.8% Notes: Amounts not adjusted for differing number of selling days, if applicable. VDP = Vanden Plas SOURCE Jaguar Cars