Tata Motors Passenger Vehicles Ltd.

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Tata Motors’ arm reports 24% fall in wholesale volumes in Q2FY26

Date: 08-10-2025

Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover Automotive (JLR) has registered 24.2% fall in Wholesale volumes of 66,165 units in second quarter of FY26 (excluding the Chery Jaguar Land Rover China JV (CJLR)) as compared to the same quarter a year ago and down 24.2% compared to Q1FY26. The overall mix of Range Rover, Range Rover Sport and Defender models was 76.7% of total wholesale volumes in Q2 FY26, down from 77.2% in the prior quarter and up from 67.0% year-on-year, reflecting the prioritisation of JLR’s most profitable models.

Retail sales for the second quarter of 85,495 units (including CJLR) were down 17.1% year -on-year and down 8.7% compared to Q1 FY26. Compared to the prior year, retail volumes for the second quarter were down in all markets, comprising the UK (-32.3%), North America (-9.0%), Europe (-12.1%), China (-22.5%), The Middle East and North Africa (-15.8%) and Overseas (-4.1%). The UK was particularly impacted by the planned wind down of legacy Jaguar models and the cyber incident in September, while a reduction in domestically produced vehicle sales from CJLR in China was partially offset by an increase in imported vehicle sales.

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.