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Tata Motors JLR retail sales dip 36% yoy; stock adds ~1%

Despite the impact of the semiconductor shortage on production and sales, the Company continues to see strong demand for its products with global retail orders again setting new records in the quarter.

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Tata Motors-led Jaguar Land Rover's Q3 sales improve sequentially but semiconductor shortages continue to impact

The underlying demand for Jaguar Land Rover products remains strong and the Company has proactively managed semiconductor supplies to maximise production of higher-margin products.

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Toyota needs more than its Cheer Squad to deal with chip shortages, as five more home factories forced into idleness

Toyota needs more than its Cheer Squad to deal with chip shortages, as five more home factories forced into idleness
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Jaguar Land Rover Q2FY22 sales constrained by semiconductor supply

Jaguar Land Rover Q2FY22 sales constrained by semiconductor supply
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Tata Motors Rallies; Jaguar Land Rover Sales Rise 12% In March Quarter

For the full 2020/21 fiscal year, Jaguar Land Rover global retail sales totaled 439,588 vehicles, down 13.6 per cent on the previous year as a result of the impact of the pandemic.

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Jaguar Land Rover's Retail Sales Continue Recovery


By Bennett Oghifo
Jaguar Land Rover marked the end of 2020 with a second successive quarter-on-quarter recovery in sales, despite the continuing impact of COVID-19.
Retail sales for the quarter ending 31 December 2020 were 128,469 vehicles, 13.1% higher than the 113,569 vehicles sold in the preceding quarter, but down 9.0% on the same period last year. China sales were particularly encouraging, up 20.2% on the prior quarter and 19.1% year-on-year.
Retail sales in most other regions also continued to recover and were up significantly on the prior quarter in North America (+31.7%), Overseas (+26.6%) which is where the sub-Sahara African markets contribute, and Europe (+20.5%). However, sales in these regions have not yet recovered to pre-Covid levels with sales for the quarter lower than a year ago in North America (-17.2%), Overseas (-20.0%), Europe (-16.3%) and the UK (-8.9%).

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Jaguar Land Rover sales plunge by over 20 per cent in 2020

Jaguar Land Rover sales plunge by over 20 per cent in 2020
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Tata Motors owned JLR car sales take pandemic hit; sales strong in China


Tata Motors owned JLR car sales take pandemic hit; sales strong in China
Premium
(REUTERS)
Aditi Khanna
, PTI
The company said China sales were particularly encouraging as they were up 20.2% on the prior quarter and 19.1% year-on-year
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Tata Motors-owned Jaguar Land Rover (JLR) on Monday released its 2020 sales figures, which reflect a considerable hit as a result of the COVID-19 pandemic but the company highlighted signs of recovery as sales in China remained strong.
For the calendar year 2020, Jaguar Land Rover retail sales were 425,974 vehicles, down 23.6 per cent on 2019, reflecting the industry impact of COVID-19 particularly in the first half of the year when plants were shut down for more than two months.

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