Tata Motors JLR Sales: Tata Motors owned Jaguar Land Rover (JLR) cars are in high demand these days JLR’s retail sales stood at 1,01,994 units in the first quarter ended June 30, up 29 percent from the same quarter last year. Tata Motors said in a notice to the stock market that the increase reflects continued improvement in chip and other supply constraints.
Excluding the Chery Jaguar Land Rover China joint venture (JV), wholesale sales stood at 93,253 units in the first quarter. The company said demand for the Range Rover, Range Rover Sport and Defender is particularly strong, accounting for 76 per cent of the order book, PTI reported.
JLR is also working on a new platform, which will be used in EVs under the Jaguar brand in 2024, along with the four-door GT. At the same time, the Range Rover EV based on the upcoming ELR platform is expected to arrive in 2025. JLR recently announced its global restructuring exercise with a new logo and ‘House of Brand’ strategy. It brings the sub-brands Range Rover, Defender, Discovery and Jaguar under one umbrella.
