Jaguar Land Rover (JLR), a subsidiary of Tata Motors, reported its Q2FY26 sales. Wholesale volumes reached 66,165 units, a 24.2% decrease year-on-year. Retail sales totaled 85,495 units, down 17.1% compared to the previous year. Sales were impacted by a cyber incident, the planned wind down of legacy Jaguar models, and incremental US tariffs.
Q2FY26 Sales Overview
Jaguar Land Rover (JLR) has released its wholesale and retail sales figures for the second quarter of FY26 (July-September 2025). The quarter was marked by production stoppages due to a cyber incident and the planned reduction of legacy Jaguar models.
Wholesale Performance
Wholesale volumes for Q2FY26 totaled 66,165 units (excluding Chery Jaguar Land Rover China JV), which represents a 24.2% decrease compared to Q2 FY25 and a 24.2% decrease from Q1 FY26. Range Rover, Range Rover Sport, and Defender models constituted 76.7% of the total wholesale volume.
Retail Sales Results
Retail sales for the quarter reached 85,495 units (including CJLR), marking a 17.1% year-on-year decline and an 8.7% decrease compared to Q1 FY26. Sales declined in all markets:
- UK: -32.3%
- North America: -9.0%
- Europe: -12.1%
- China: -22.5%
- MENA: -15.8%
- Overseas: -4.1%
The UK market was significantly impacted by the discontinuation of older Jaguar models and the cyber incident. Reduced domestic vehicle sales from CJLR in China were partially offset by increased imports.
Management Commentary
Adrian Mardell, CEO of JLR, acknowledged the challenging quarter, noting that performance in the first two months aligned with expectations but was heavily impacted by a cyber incident in September. He confirmed that manufacturing operations were restarting and emphasized the priority of delivering vehicles to clients.
Source: BSE
