Overview
- Jaguar Land Rover reported provisional Q3 FY26 wholesales of 59,200 units, down 43.3% year on year, and retail sales of 79,600, down 25.1%.
- The company attributed the drop primarily to a late‑summer cyberattack that halted September production, plus incremental US tariffs and the planned wind‑down of legacy Jaguar models.
- Wholesale declines were steep across regions, including North America down 64.4%, Europe down 47.6%, China down 46%, and the UK down 0.9%.
- Tata Motors Passenger Vehicles shares fell roughly 3–4% after the update as investors digested the scale of the disruption.
- JLR said figures are provisional with audited results due in February, while the incident prompted a £1.5bn UK support package, a £500m supply‑chain boost, and was later claimed by the Scattered Lapsus$ Hunters group, with an independent body estimating a UK economic impact near £1.9bn.