Tata Motors Sees 11% Decline in Q2 Global Sales, JLR Down 10%

9 Oct 2024 , 04:04 PM

Tata Motors reported an 11% year-on-year decline in group wholesales, including Jaguar Land Rover, for Q2 FY25, with a total of 3,04,189 units sold.

Global wholesales for Tata Motors passenger vehicles in Q2 FY25 stood at 1,30,753 units, reflecting a 6% decrease compared to the same period in FY24.

Jaguar Land Rover’s global wholesales dropped by 10% in Q2 FY25, with a total of 87,303 units sold. Jaguar alone saw 5,961 vehicles sold during the quarter, while Land Rover recorded 81,342 units sold.

Tata Motors also reported a 19% drop in global commercial vehicle sales, including the Tata Daewoo range, with 86,133 units sold in Q2 FY25, compared to Q2 FY24.

The overall decline in sales across both passenger and commercial segments reflects challenges faced by the automaker in global markets during the ongoing fiscal year.

Tata Motors continues to navigate market fluctuations and shifting demand dynamics while focusing on maintaining its global presence.