"The last 12 months have seen the launch of three completely new product lines, and successful growth across many of our existing products. Jaguar sales are still increasing strongly and Jaguar is now Europe's fastest-growing car brand."

Retail sales for Jaguar were a record 172,848 vehicles in the financial year, up 83 percent compared to the prior year primarily driven by the successful introduction of the F-PACE and solid sales of the XE and XF. Jaguar retails in the fourth quarter were 53,972 vehicles, up 81 percent on the same quarter last year, and 27,820 units in the month of March, up 83 percent compared to March 2016.

Land Rover retailed 431,161 vehicles this financial year, up 1 percent compared to last year, as continuing strong sales of the Discovery Sport, Evoque and Range Rover Sport were offset by the run-out of Defender and Discovery. Retail sales for Land Rover for the fourth quarter were 125,537 units, down 3 percent on quarter four last year, and retails in March were 63,018 vehicles, up 5 percent compared to March 2016.

Last month Land Rover launched the Velar, a new addition to the Range Rover family, positioned between Evoque and Range Rover Sport.

END