Tata Motors’ JLR Reported Rise of 3% in Wholesale Volume During Q3FY25

JLR, the UK arm of Tata Motors reported a rise in wholesale volumes for Q3FY25. This positive trend follows supply disruptions experienced in the second quarter of FY25. Wholesale volumes reached 1,04,427 units (excluding the Chery Jaguar Land Rover China JV), marking a 3% increase compared to Q3 FY24. Additionally, the volumes were up by 20% compared to the previous quarter, ending 30 September 2024.

Regional Performance

• North America: A significant increase of 44% in wholesale volumes compared to the same quarter last year.
• Europe: A moderate increase of 6% in wholesale volumes year-over-year.
• China: A decline of 38%, reflecting ongoing challenges in this market.
• UK: A decrease of 17% in wholesale volumes.
• Overseas Markets: A slight decrease of 1%.

For the financial year to date, total wholesale volumes stood at 2,89,485 units, which represents a slight 1% decrease compared to the same period last year.

Retail Sales Overview

Retail sales for Q3 FY25 were recorded at 1,06,334 units (including the Chery Jaguar Land Rover China JV), which reflects a 3% decrease compared to Q3 FY24 but a 3% increase when compared to Q2 FY25. For the year-to-date period, retail sales totalled 3,20,622 units, marking a 1% increase compared to the previous year.

Strong Demand For High-End Models

The share of the most profitable models—Range Rover, Range Rover Sport, and Defender—rose to 70% of total wholesale volumes in Q3 FY25. Specifically, demand for the Range Rover was particularly robust, with wholesale volumes up by 48% compared to Q2 FY25. This growth was driven both by the resolution of supply chain disruptions and strong consumer demand, with volumes also rising by 22% compared to the same quarter last year JLR will release its full financial results for Q3 FY25 at the end of January.

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