- Jaguar is expecting China to become its third-biggest market.
- The luxury automaker enjoyed a 34 percent rise in sales in China last year.
- Jaguar China recently rolled out the new XJ sedan, which has attracted about 100 orders.
SHANGHAI, China — Coming off a 34 percent rise in sales in China last year, Jaguar is expecting China to become its third-biggest market within the next few years.
Jaguar sold 1,800 vehicles in the country last year, said Christopher Brown, managing director of Jaguar China.
The robust sales propelled China to Jaguar's fourth-largest market, behind Germany, where more than 3,000 Jaguar cars were sold in 2009. The carmaker's top two markets are the U.K. and the U.S.
Jaguar China recently rolled out the new XJ sedan, which has attracted about 100 orders. Brown said the XJ is expected to boost sales in China by another 30 percent this year.
"Given the growth of the Chinese market and appreciation of our brand, China will be the biggest market for Jaguar in the future," he said.
He is confident there is still room for Jaguar, which drove into China only in 2004, to expand its sales and development in China despite keen competition with other luxury carmakers.
Inside Line says: Great leap forward for the leaping-cat brand. — Vivian Jin, Correspondent
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