Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover Automotive (JLR) has registered 10.7% fall in Wholesale volumes of 87,286 units in first quarter of FY26 (excluding the Chery Jaguar Land Rover China JV) as compared to the same quarter a year ago and down 21.7% compared to Q4FY25.
Compared to the prior year, wholesale volumes for the first quarter were up in Middle East and North Africa (20.5%), Overseas (4.6%) and China (1.0%), and down in North America (-12.2%), Europe (-13.6%) and the UK (-25.5%); the UK was most impacted by the planned cessation of the legacy Jaguar models. Retail sales for the first quarter of 94,420 units (including the Chery Jaguar Land Rover China JV) were down 15.1% year-on-year and down 12.8% compared to Q4FY25. The overall mix of Range Rover, Range Rover Sport and Defender models was 77.2% of total wholesale volumes in Q1FY26, up from 66.3% in the prior quarter and 67.8% year-on-year, reflecting the prioritisation of JLR’s most profitable models.
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.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 360.15 |
| Maruti Suzuki | 13452.25 |
| Mahindra & Mahindra | 3199.35 |
| Hyundai Motor India | 1901.25 |
| Mercury Metals | 35.39 |
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