Jaguar Land Rover Reports Q3 FY26 Sales Decline Due to Cyber Incident
Filing Summary
Jaguar Land Rover Automotive Plc, a subsidiary of Tata Motors Passenger Vehicles Ltd, reported a significant decline in its wholesale and retail sales for Q3 FY26. Wholesales were 59,200 units, a 43.3% decrease from Q3 FY25, while retail sales were 79,600 units, down 25.1% year-on-year. The decline was attributed to production stoppages following a cyber incident and the planned wind down of legacy Jaguar models. The Range Rover, Range Rover Sport, and Defender models constituted 74.3% of total wholesale volumes. Full financial results for Q3 FY26 will be released in February 2026.
Jaguar Land Rover Automotive Plc, a wholly owned subsidiary of Tata Motors Passenger Vehicles Ltd, reported its wholesale and retail sales for the third quarter of FY26. The company recorded wholesale volumes of 59,200 units, marking a 43.3% decrease compared to the same period in the previous year. Retail sales for the quarter were 79,600 units, representing a 25.1% decline year-on-year. The sales figures were impacted by production stoppages due to a cyber incident and the planned wind down of legacy Jaguar models.
The wholesale volumes for Q3 FY26, excluding the Chery Jaguar Land Rover China JV, were down 10.6% compared to the previous quarter. The decline was observed across all markets, with the UK down 0.9%, North America down 64.4%, Europe down 47.6%, China down 46.0%, MENA down 8.5%, and Overseas down 50.4%. Retail volumes for the financial year to date were 259,400 units, a 19.1% decrease year-on-year.
Production levels returned to normal by mid-November following the cyber incident. The time required to distribute vehicles globally after production resumed contributed to the reduction in wholesale and retail volumes. The Range Rover, Range Rover Sport, and Defender models accounted for 74.3% of total wholesale volumes in Q3 FY26, an increase from 70.3% in Q3 FY25 but a decrease from 76.7% in the prior quarter.
The company also noted the impact of incremental US tariffs on its exports to the United States. The planned wind down of legacy Jaguar models continued throughout the quarter as the company prepares for the launch of new Jaguar models. The wholesale volumes for the financial year to date were 212,600 units, down 26.6% year-on-year.
Jaguar Land Rover will release its full financial results for Q3 FY26 in February 2026. The company has indicated that additional detailed volume data will be available by January 8, 2026, on the Investor Relations pages of its website.
Tata Motors Passenger Vehicles Ltd, part of Tata Sons, focuses on the design, development, and manufacture of passenger vehicles. The company is committed to delivering innovative and sustainable automotive solutions, leveraging its expertise in engineering and technology to meet the evolving needs of global markets.