Land Rover director of programs Murray Dietsch says the company is always looking at potential expansion opportunities and admits the premium compact SUV segment is a lucrative one for the British manufacturer, albeit challenging.
“It’s a real killing field when you get down into the lower price-bracket vehicles,” Dietsch said.
“Sure the volume’s there, but you’ve got to make sure you’re not chasing something that you’ll never be able to deliver a business return on, so it’s a bit of a balance.
“Part of it is making sure that it still has a real relevance to Land Rover. I think there is relevance in smaller products and it’s just whether we can get it to really make a good business sense, that’s always the challenge.”
Dietsch said much of the decision to build a sub-Evoque-sized SUV would depend on whether Land Rover had the money and the resources to do it.
“We’d like to do a lot of things, whether we can afford to do it…
“We still want to grow the business a lot more than what we’ve got at the moment. We’re not saying that six [Land Rover and Range Rover models] is enough – it keeps us busy though.”
Land Rover global brand director John Edwards admits the growth of the compact SUV segment makes it an attractive prospect but says introducing a vehicle below the Evoque is not a priority at this stage.
“It’s been no secret that although the SUV market is growing massively, it is growing most significantly in the smaller size ranges,” Edwards said.
“But right now I think we’ve got our hands full with what we’ve got, so there’s no initial plans to go smaller.
“Could we? Of course we could. But there are no plans right now.”