Tata Motors PV share price: JLR’s wholesale volumes fell 43% year-on-year and retail sales declined 25%,
highlights
- There was a big fall in the shares of Tata Motors PV on Tuesday, January 6.
- JLR’s wholesale volumes fell 43% year-on-year and retail sales declined 25%.
- JLR said that after the cyber incident, production could return to normal levels only by mid-November.
JLR Q3FY26 Update: Wholesale and Retail Sales
Read full article
Tata Motors Passenger Vehicles Ltd has shared the wholesale retail sales data of its Jaguar Land Rover (JLR) division for the third quarter of the financial year ending March 2026. The segment has recorded a huge decline of 43% in wholesale sales in Q3FY26 at 59,200 compared to the same period last year. At the same time, retail sales fell by 25% to 79,600 during the same period.
The company confirmed in an exchange filing that Tata Motors JLR’s total volumes were affected by a cyber attack, which impacted production capacity, causing disruptions and delays in distributing vehicles worldwide.
JLR’s sales for the December quarter of the 2025-26 financial year were hit by the cyber attack incident, due to which the company recorded a 43.3% year-on-year (YoY) decline in wholesale volumes excluding Chery Jaguar Land Rover China JV (CJLR) to 59,200 units.
Tata Motors CV further confirmed that production levels will return to normal from the second week of November. Additionally, the company also cited the gradual discontinuation of older Jaguar models ahead of the launch of the new Jaguar and rising US tariffs impacting JLR’s US exports. The company said plans to discontinue older Jaguar models ahead of the launch of the new Jaguar and rising US tariffs on JLR’s US exports are also impacting its sales.
Wholesale volume of 59,200 for the quarter was down 43% year-on-year and 10% quarter-on-quarter.
Wholesale numbers were also lower across the board compared to the same period last year. While sales in the UK were down just 0.9%, sales in the North America region fell 64% and in Europe 47.6%. Overall, the overseas market saw a 50% decline in wholesale.
Some strength was seen in the top models, with Range Rover, Range Rover Sport and Defender models accounting for 74.3% of total wholesale volumes, compared to 70.3% last year.
Similar trends were seen in the retail sales division, with the North America segment taking a huge hit of 37%. Europe, MENA and China also suffered double-digit losses.
Talking about retail sales, its sales fell 25.1% YoY to 79,600 units (including CJLR) during the reporting period. Retail sales declined 6.7% on a quarterly basis.
The company further said that JLR will release its December quarter FY26 results in February 2026.
How is the condition of Tata Motors passenger vehicle share?
Sharp fluctuations are being seen in the stock after demerger. Shares of Tata Motors Passenger Vehicles hit a 52-week low of ₹337.70 on December 18, 2025, while hitting a yearly high of ₹419 per share on January 9, 2025.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
end of article

