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JAGUAR'S U.S. SALES UP 104 PERCENT IN MAY; NEW ROYAL CHARTER LEASE PROGRAM ENHANCES VALUE

 JAGUAR'S U.S. SALES UP 104 PERCENT IN MAY;
 NEW ROYAL CHARTER LEASE PROGRAM ENHANCES VALUE
 MAHWAH, N.J., June 3 /PRNewswire/ -- Jaguar Cars Inc. today reported that total unit sales for May 1992 were 1,070 compared with 525 during May 1991, a 104 percent increase.
 Michael H. Dale, president of Jaguar Cars Inc. said: "The month's results reflect the success of Jaguar's new Royal Charter leasing program which went into effect April 15, 1992. We are particularly pleased with the results at this early stage of the Royal Charter leasing program. This is part of a long term strategy which will greatly improve Jaguar's position in luxury car leasing, and is underpinned by the improvements in quality and value since the acquisition of Jaguar by Ford."
 Total year-to-date sales stand at 3,885, an increase of 12.6 percent from the 3,451 units sold in the same period in 1991.
 Jaguar Cars Inc. is the U.S. subsidiary of Jaguar Cars Ltd.
 -0- 6/3/92
 /CONTACT: John Crawford of Jaguar, 201 818-8149/ CO: Jaguar Cars Inc. ST: New Jersey IN: AUT SU:


TQ -- NY018 -- 6527 06/03/92 09:42 EDT
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Publication:PR Newswire
Date:Jun 3, 1992
Words:195
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