JLR Q2 sales dip 3%, production hampered by aluminium shortages. Check details
JLR’s production in Q2 FY25 was restricted to 86,000 units, down 7 per cent as compared to 93,000 units in the year-ago period as a result of aluminiu
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JLR’s production in Q2 FY25 was restricted to 86,000 units, down 7 per cent as compared to 93,000 units in the year-ago period as a result of aluminium supply disruptions reported in Q1 FY25
Tata Motors-owned Jaguar Land Rover on Monday reported a 3 per cent decline in retail sales at 1,03,108 units in the second quarter of the current fiscal as compared to the year-ago period. Retail sales for the first six months of the financial year were at 2,14,288 units, up 3 per cent year-on-year, Tata Motors said in a statement.
Production in Q2 FY25 was restricted to 86,000 units, down 7 per cent as compared to 93,000 units in the year-ago period as a result of aluminium supply disruptions reported in Q1 FY25, it added.
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We expect both production and wholesale volumes to pick up strongly in the second half of the financial year as the aluminium supply situation normalises, the company said.
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First Published Date: 07 Oct 2024, 19:31 PM IST
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