Jaguar Land Rover's sales down by 37% in April-June quarter

As of June 30, 2022, the total order book has grown to almost 200,000 units, up around 32,000 orders from March 31, 2022.

FPJ Web DeskUpdated: Friday, July 08, 2022, 02:19 PM IST
article-image
Jaguar Land Rover's sales down by 37% in April-June quarter |

Jaguar Land Rover has reported a 37 decline in total sales during the quarter that ended in June 2022 (April-June), the luxury and sport utility vehicle manufacturer said in regulatory filings.

During the quarter, Jaguar Land Rover, a Tata group subsidiary since 2008, sold 78,825 units. Category-wise, sales of Jaguar brand were 48 per cent lower, whereas Land Rover were 33 per cent lower.

As of June 30, 2022, the total order book has grown to almost 200,000 units, up around 32,000 orders from March 31, 2022.

"Despite a record order book, sales continue to be constrained by the global chip shortage, compounded by the run out of the prior model Range Rover Sport, with deliveries just starting, and the impact of Covid lockdowns in China," the automaker said.

The company continues to see strong demand for its products, with global retail orders again setting new records in the quarter, it said.

Demand for the New Range Rover, New Range Rover Sport and Defender are particularly strong with over 62,000, 20,000 and 46,000 orders, respectively.

Jaguar Land Rover expects to report its results for the April-June quarter in late July.

To help the company meet the objective in line with Paris Agreement, Jaguar Land Rover had committed to reducing greenhouse gas emissions across its operations by 46 per cent, and across its value chains by 54 per cent, by 2030.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Mumbai updates: Police conduct final dress rehearsal for 75th Independence Day parade, outside...

Mumbai updates: Police conduct final dress rehearsal for 75th Independence Day parade, outside...

How the brutal attack on writer Salman Rushdie unfolded

How the brutal attack on writer Salman Rushdie unfolded

Guinness World Record for 'largest human image of waving Nat'l flag' achieved

Guinness World Record for 'largest human image of waving Nat'l flag' achieved

CUET UG Phase 4 Postponed For 11,000 Candidates; Know why

CUET UG Phase 4 Postponed For 11,000 Candidates; Know why

See pics: Team India departs for Zimbabwe ahead of three-match ODI series

See pics: Team India departs for Zimbabwe ahead of three-match ODI series