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Jaguar Posts April Sales

5 May 1998

Jaguar Posts Best Start to Year

    MAHWAH, N.J., May 5 -- Jaguar Cars today reported its
strongest start ever in the United States.  Year-to-date sales of 7,068 cars
improved 17 percent compared with the same period a year ago and were up
4 percent over Jaguar's previous best four-month start in 1986.
    U.S. new car sales of 2,005 in April increased 32 percent compared with
the same period last year.  Sports car sales for April totaling 596 set a
record for the month and were up 1.5 percent over last April's record.  Sedan
sales for the month totaled 1,409, an increase of 50.7 percent compared with
April 1997, reflecting the continued strong demand for the XJ Series.
    "We're very pleased with our strong start to the year," said Michael H.
Dale, president of Jaguar Cars North America.  "The fact that our sales have
improved month-over-month this year is a positive sign that customers are
finding exactly what they are looking for in our showrooms -- cars that offer
the magic Jaguar combination of luxury and performance."
    Jaguar introduced its award-winning AJ-V8 engine in its sedans for the
1998 model year. In addition, the cars' elegant wood and leather interior was
redesigned to accommodate upgrades such as side airbags.  Despite equipment
additions to both its sedans and sports cars for 1998, the U.S. company
maintained 1997 suggested retail prices.

                     APRIL U.S. NEW-VEHICLE RETAIL SALES
                      XJ6/8  XJ6/8    VDP     XJR   XJ12    4-Door
                               L
    April 98          596     245     413     155     0     1,409
    April 97          338     271     281      43     2       935
    change                                                   50.7%

                   XJS    XJS     XJS    XJS    XK8     XK8   2-Door    TOTAL
                 Cpe 12  Cpe 6  Cnv 12  Cnv 6   Cpe     Cnv
    April 98        0      0      0       0      57     539     596     2,005
    April 97        0      0      1       2      96     488     587     1,522
    change                                                      1.5%     31.7%

                      YTD U.S. NEW-VEHICLE RETAIL SALES
                    XJ6/8    XJ6/8     VDP     XJR  XJ12   4-Door
                               L
    98 YTD          1,936    1,077    1,530    514    0     5,057
    97 YTD          1,024    1,429      949    205   40     3,647
    change                                                   38.7%

            XJS      XJS     XJS   XJS     XK8       XK8     2-Door     TOTAL
            Cpe 12  Cpe 6  Cnv 12 Cnv 6    Cpe       Cnv
    98 YTD    0       0      0      0      246      1,765     2,011     7,068
    97 YTD    0       0      3     40      422      1,914     2,379     6,026
    change                                                    -15.5%     17.3%

                   APRIL CANADIAN NEW-VEHICLE RETAIL SALES
                XJ6/8    VDP    XJR   XJ12  4-Door
    April 98      28      29     15     0     72
    April 97      35      42     11     1     89
    change                                 -19.1%

                  XJS     XJS     XJS    XJS    XK8     XK8   2-Door  TOTAL
                Cpe 12   Cpe 6  Cnv 12  Cnv 6   Cpe     Cnv
    April 98       0       0       0      0      11      37     48      120
    April 97       0       0       0      0      16      32     48      137
    change                                                       0%   -12.4%

                    YTD CANADIAN NEW-VEHICLE RETAIL SALES
                XJ6/8    VDP      XJR    XJ12  4-Door
    98 YTD       127     147      53      0     327
    97 YTD        78     100      27      1     206
    change                                     58.7%

                  XJS     XJS      XJS    XJS    XK8    XK8   2-Door   TOTAL
                Cpe 12   Cpe 6   Cnv 12  Cnv 6   Cpe    Cnv
    98 YTD         0       0       0       0      32     89     121     448
    97 YTD         0       0       0       0      32     98     130     336
    change                                                     -6.9%   33.3%

    Notes:  Amounts not adjusted for differing number of selling days, if
            applicable.
            VDP = Vanden Plas

SOURCE  Jaguar Cars