The Manila Times

Business

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

 

Saturday, May 10, 2008

 

Jaguar exceeds domestic sales target 
ahead the launch of new model


THE Philippine distributor of luxury-vehicle brands Jaguar and Land Rover on Friday said it surpassed its sales target for the first quarter this year.

In a statement, Jaguar Cars Inc. said Philippine sales grew 40 percent year-on-year, placing the local distributor at the fifth spot in Asia Pacific in terms of sales volume, trailing Hong Kong, Singapore, Thailand and Malaysia. The distributor however failed to provide actual figures.

 The first-quarter results come ahead of the launch of the Jaguar XF.

“Advance orders for the XF now reached almost 7,000 units worldwide. Locally, we have been receiving a lot of inquiries with potential buyers eagerly anticipating getting their hands on the all-new XF,” said Marc Soong, Jaguar Cars executive director.

Soong said the four-door Jaguar XF fuses sports car styling and performance with the refinement, features and space of a luxury saloon.

The new model replaces the long-running Birmingham-built S-Type after more than nine years. Jaguar’s Product Development Center at Whitley, in Coventry, UK designed and developed the model.

The launch of the new model marks the carmaker’s 85th anniversary.

Earlier, the Chamber of Automotive Manufacturers of the Philippines Inc. said motor vehicle sales grew by double-digits in the first four months this year, defying the contraction seen in the US and other markets.

Leading domestic sales were pickup trucks, vans, and sports utility vehicles.
--Lailany P. Gomez

  
 

Manila Times Friends

Phgifts

philflora.gif

Sponsored Links
 

Back To Top

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin

 

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

  Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: