Jaguar Land Rover Sales Dip 3% in Q2 | Tata Motors

By By Rediff Money Desk, New Delhi
Oct 07, 2024 18:26
Jaguar Land Rover reported a 3% decline in retail sales to 1,03,108 units in Q2 FY25, impacted by aluminium supply disruptions. Production was also affected, but the company expects recovery in the second half.
New Delhi, Oct 7 (PTI) 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.

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.
Source: PTI
Read More On:
fy25productiontata motorsjaguar land roverretail salesq2wholesalealuminium supply
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Augustinus Bader Skincare & Haircare Launches...

Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...

Muthoot Finance Gold Loans Now Available on...

Muthoot Finance announces that its flagship gold loans can now be availed using Google...

NCERT Books Now Available on Amazon India

NCERT textbooks for students from Kindergarten to Class 12 and UPSC aspirants are now...

Cotton Yield Target: India Aims for 1,000...

India sets a 1,000 kg/hectare cotton yield target across 11 states, aiming to replicate...

Garuda Construction IPO: Rs 75 Crore Raised...

Garuda Construction and Engineering has secured Rs 75 crore from anchor investors ahead...

Securitisation Volumes Surge to Rs 60k cr in...

Securitisation volumes in India are projected to reach Rs 60,000 crore in Q2 FY24,...

Ericsson Wins 4G, 5G Deployment Contracts from...

Ericsson secures four more telecom circles from Vodafone Idea for 4G and 5G deployment,...

Northern Arc to Raise Rs 1,000 Cr AIF for...

Northern Arc aims to raise Rs 1,000 crore in an alternate investment fund (AIF) to...

Indian Alcobev Revenue to Grow 8-10% in FY25: ICRA

ICRA forecasts 8-10% revenue growth for Indian alcoholic beverage companies in FY25,...

Whatfix Launches Rs 485 Cr Liquidity Program...

Whatfix, an IT company, has launched a USD 58 million (Rs 485 crore) liquidity program...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com