Jaguar Land Rover (JLR), a fully owned subsidiary of Tata Motors Passenger Vehicles Ltd, has reported a significant drop in wholesale and retail sales for Q3 FY26, primarily attributed to a cyber incident that occurred early in the quarter and the strategic phase-out of older Jaguar models in anticipation of new launches.
For the three months ending December 31, 2025, wholesale volumes, excluding the Chery JLR China joint venture, totaled 59,200 units, reflecting a 43.3% decline year-on-year and a 10.6% decrease compared to Q2 FY26, according to the exchange filing.
Every major market experienced declines, with North America down 64.4%, Europe 47.6%, China 46%, and the UK showing a slight decrease of 0.9%. The Range Rover, Range Rover Sport, and Defender models made up 74.3% of the total wholesale volume, increasing from 70.3% the previous year. Year-to-date wholesale figures reached 212,600 units, down 26.6% from the prior year.
Retail sales for Q3 FY26 reached 79,600 units, including CJLR, which is a 25.1% year-on-year decrease and a 6.7% drop sequentially. Retail volumes declined in all markets, including North America (-37.7%), Europe (-26.9%), China (-18.4%), and the UK (-13.3%). Year-to-date retail sales totaled 259,400 units, down 19.1% compared to the previous year.
JLR mentioned that production levels only returned to normal by mid-November after the cyber incident and that additional time was needed for vehicle distribution worldwide, affecting quarterly volumes. The company also pointed to increased US tariffs on exports as another contributing factor.
JLR is expected to publish its comprehensive Q3 FY26 financial results in February 2026.
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