JLR sales grow 24% as chip supplies improve
Mint Mumbai|April 07, 2023
Jaguar Land Rover, the luxury vehicle unit of Tata Motors Ltd, reported a surge in sales for the March quarter on the back of a “gradual improvement in chip and other supply constraints".
Mayur Bhalerao
JLR sales grow 24% as chip supplies improve

Mumbai: Wholesale volumes for the quarter rose 19% sequentially and 24% from a year ago to 94,649 units, barring the Chery Jaguar Land Rover China joint venture, according to an exchange filing on Thursday.

Compared to FY22, wholesale volumes for JLR in FY23 were higher across markets, led by the rise in overseas sales (62%), the UK (24%), Europe (22%), China (17%) and North America (2%).

JLR’s retail sales for the March quarter were at 102,889 units, including the Chery Jaguar Land Rover China joint venture, up 21% from the previous quarter and 30% compared to the year-ago quarter.

هذه القصة مأخوذة من طبعة April 07, 2023 من Mint Mumbai.

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هذه القصة مأخوذة من طبعة April 07, 2023 من Mint Mumbai.

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