JLR sales decline in challenging first quarter

Tata Motors' wholly-owned subsidiary, Jaguar Land Rover Automotive plc (JLR), announced a decrease in sales volumes for the first quarter of FY26, with wholesale figures down 10.7% year-on-year to 87,286 units and retail sales falling 15.1% to 94,420 units. The decline is attributed to the planned wind-down of legacy Jaguar models and the impact of US import tariffs. Despite overall declines, wholesale volumes experienced growth in MENA (up 20.5%), Overseas (up 4.6%), and China (up 1.0%). Range Rover, Range Rover Sport, and Defender models accounted for 77.2% of total wholesale volumes, up from 66.3% in the prior quarter, demonstrating a focus on higher-profit models. JLR plans to announce its full financial results for the first quarter of fiscal year 2026 in August.