Jaguar Land Rover sales slip 3% in Q2

8 Oct 2024 , 12:06 PM

Jaguar Land Rover, owned by Tata Motors, recorded a 3% fall in retail sales to 1,03,108 units in the second quarter of the current fiscal year compared to the same period last year. Retail sales for the first six months of the fiscal year totalled 2,14,288 units, up 3% year on year, Tata Motors said in a statement.

Production in Q2 FY25 was limited to 86,000 units, a 7% decrease from 93,000 units in the previous year, due to aluminium supply difficulties observed in Q1 FY25, the company added.

Wholesale volumes of 87,303 units in the second quarter of the fiscal year were 10% lower than the same period a year ago due to limited aluminium supplies. Furthermore, towards the end of September, around 6,500 vehicles were placed on temporary hold, primarily in the United Kingdom and Europe, to allow for extra quality control tests. These vehicles will be sold wholesale in the second half of the year.

The company expects both production and wholesale volumes to increase significantly in the second half of the fiscal year as the aluminium supply situation normalises.

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