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Tata Motors’ arm reports 3% fall in retail sales in Q2FY25

08 Oct 2024 Evaluate

Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (UK) (JLR) has registered 3% fall in retail sales at 103,108 units in Q2FY25 (including the Chery Jaguar Land Rover joint venture in China) as compared to same quarter a year ago. 

The retail sales for the first six months of the financial year were at 2,14,288 units, up 3% year-on-year (YoY). Compared to the prior year, retail sales in the July-September quarter of FY25 were up 29% in the UK, 9% in North America, 22% in Europe, 17% in China, and 6% overseas.

JLR's production in Q2 FY25 was restricted to c. 86,000 units, down 7% compared to the same quarter year-ago period, as a result of supply disruptions from key high grade aluminum supplier that affected multiple OEMS. 

The wholesale volumes of 87,303 units in the second quarter of the financial year (excluding the Chery Jaguar Land Rover China JV) were down 10% compared to the same quarter a year ago due to restricted aluminium supplies. 

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

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