It seems demand for the new Range Rover and new Range Rover Sport is so high that Land Rover can’t make enough, despite 24 hour production.
There’s a 9 month waiting list for the new Range Rover Sport (pictured)
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The Range Rover has been a big success for Land Rover in recent years, and the launch of the new Range Rover last year – even with big price rises – has seen demand soar to unprecedented levels. Good news for JLR.
That brilliant combination has seen demand for the Sport also soar to levels Land Rover could never have imagined so now (reportedly 40 per cent above expectations) , just a few months after production started, Land Rover already has a nine month waiting list for the Sport (and six months for the Range Rover).
Add in to that equation the on-going demand for the Range Rover Evoque and Land Rover find themselves between a rock and a hard place.
They’re already running Solihull 24 hours a day, Ford can’t keep up with demand for the engines they still supply to JLR and its got to the position where buyers in China are reportedly willing to pay a £50k premium to get to the front of the queue for a new Range Rover, despite list prices that are as high as £300k.
It’s a problem for Land Rover, but what a problem to have. How they’re going to solve it isn’t clear, but you can be sure the strong margins JLR are making on the Range Rover and Sport will offer plenty of opportunity to expand production to meet demand.
And in the meantime, buyers of the new Range Rover and Sport can probably run their cars for the next 6-12 months and then move them on with little in the way of depreciation.
Related Photos: New Range Rover
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Source: Automotive News
Chris says
I should imagine Ford are feeling pretty pig sick about off-loading JLR now, them yanks think they are business leaders, lets just look at what a mess they have made in their own back yard!
Chris says
I didn’t write this. This is another Chris from the one below.
Chris says
They are investing £1.5 billion in Solihull with the addition of 1700 new jobs and expanding the plant by seven football pitches.
The Jaguar aluminium cross-over and saloon, based on the new iQ(Al) architecture will be built at Solihull, and is expected to add 100,000 vehicles to its total sales.
From what I’ve read, one of the problems JLR are having is finding enough skilled workers to fill these jobs.
It’s wonderful news for the UK and the West Midlands. Good news too for Ford workers in Bridgend (V8 and V6) and Dagenham (4 cylinder), who make the engines.
We still have the F type coupe, an aluminium XF, stretched Evoque and a new XJ to come.
If only Rover had seen similar investment as JLR. The Rover 75 was and still is a good car; the MG version still looks good.
Jamie Pickles says
It’s no wonder that I keeping seeing lots of Range Rover Models as I like them