Overview
- Jaguar Land Rover reported Q3 FY26 wholesales of 59,200 vehicles, down 43.3% year on year, with retail sales down 25.1% to 79,600.
- Production halted after the late‑August cyberattack and only returned to normal by mid‑November, leaving a backlog that slowed deliveries.
- North America saw the steepest declines, with wholesale volumes down 64.4% and retail sales down 37.7%, while Europe, China and other regions also fell.
- JLR cited incremental US tariffs and the planned wind‑down of legacy Jaguar models ahead of new launches as additional drags on volumes.
- Shares of newly listed Tata Motors Passenger Vehicles dropped roughly 3.5–4% on the update, and the company said audited Q3 results will follow in February.