Doylestown Auto Repair

Jaguar I-Pace electric crossover sales are taking off

Audi Repair Shop Doylestown
Call 267 279 9477 to schedule a appointment


Earlier this month, it was reported that

Jaguar Land Rover is due for a turnaround plan

to cut costs and improve cash flow. The owner of JLR,

Tata

Motors, is scheduling a 18-month plan called “Project Change,” worth $3.2 billion.

But it seems a step in the right direction has already been taken with the introduction of

Jaguar’s

electric I-Pace:

InsideEVs is reporting

that Jaguar sold 1,200 I-Pace models in October, which represents strong growth for the brand and the new model. 8.7 percent of Jaguar’s total October sales consisted of the I-Pace, meaning that the total October sales volume of 13,764 units was largely boosted by the new electric

crossover

. Total sales were up 11.6 percent, and it was overall the best October ever for JLR.

Some 2,500 I-Pace crossovers have been sold so far. The October sales figure is a noticeable rise from September’s 710 cars, which itself is a strong pickup from just 140 cars sold in August. These are signs of both production and sales perking up, and it wouldn’t be surprising to see monthly I-Pace sales hit 2,000 units sometime soon.

It helps that the

I-Pace is priced competitively

with

Tesla Models S

and X, starting at $70,495 including destination charge, with Jaguar-like performance and looks.

Last month, we reported of

Jaguar possibly going electric-only

in the next decade, with a portfolio consisting of an electric

XJ

, a full-sized EV crossover and an electric

sports car

in addition to the I-Pace. Brexit uncertainty and China-market woes mean Jaguar is on unstable ground, but as its owner is about to run an even tighter ship, and it first full-electric model is visibly picking up the pace, the coming decade could turn out to be a positive for Jaguar.

Related Video:

from Autoblog https://ift.tt/2RPMWwr