Jaguar Land Rover (JLR) said that following a challenging quarter, wholesale and retail sales for the company’s first quarter of FY26 (three months to 30 June 2025) reduced in line with its expectations, adding that this performance largely reflects the planned wind-down of legacy Jaguar models ahead of the launch of new Jaguars, and a pause in shipments to the USA during April 2025 following the introduction of US import tariffs.
Wholesale volumes for the first quarter were 87,286 units (excluding the Chery Jaguar Land Rover China joint venture), down 10.7% year on year and down 21.7% compared to Q4 FY25. Compared to the prior year, wholesale volumes for the first quarter were up in MENA (20.5%), overseas (4.6%), and China (1.0%), but down in North America (12.2%), Europe (13.6%) and the UK (25.5%) — the latter being most impacted by the planned cessation of the legacy Jaguar models.
Retail sales of 94,420 units for the first quarter (including the Chery Jaguar Land Rover China joint venture) were down 15.1% year-on-year and down 12.8% compared to Q4 FY25. The overall mix of Range Rover, Range Rover Sport and Defender models was 77.2% of total wholesale volumes in Q1 FY26, up from 66.3% in the prior quarter and up 67.8% year on year, reflecting the ‘prioritisation of JLR’s most profitable models’.
Regarding the future, JLR says it is transforming the business with the aim of becoming ‘carbon net zero’ throughout its supply chain, products, and operations by 2039. “We have set a roadmap to reduce emissions across our own operations and value chains by 2030 through approved, science-based targets. Electrification is central to this strategy, and before the end of the decade our Range Rover, Discovery and Defender collections will each have a pure electric model, while Jaguar will be entirely electric.
“At heart, we are a British company with two design and engineering sites, three vehicle manufacturing facilities, an electric propulsion manufacturing centre, and a battery assembly centre in the UK. We also have vehicle plants in China (joint venture), Slovakia, India, and Brazil, as well as seven technology hubs across the globe.”
JLR is a wholly owned subsidiary of Tata Motors Ltd, part of Tata Sons.