The year-on-year growth of 81 per cent represents one of the best performances in the market since the company's launch in India in 2009 and its highest in the last five years, JLR India said in a statement.
JLR FY24 Sales: This is one of the best performances in the market since the company’s launch in India in 2009, and its highest in the past five years, the company said.
Wholesale volumes at 110,190 units in the fourth quarter (excluding the Chery Jaguar LandRover China JV) were up 16% over the same quarter a year ago, and up 9% compared to the quarter ended 31 December 2023.
Tata Motor Q4 Outlook: In January 2024, Tata Motors sold 86,125 vehicles globally, up from 81,069 units in the same month last year. Domestically, the company saw a 6% spike, reaching 84,276 units compared to 79,681 in January 2023. Jaguar Land Rover (JLR), Tata Motors UK subsidiary, shone in the third quarter to December 31, 2023, with a 27% Y-o-Y increase in vehicle sales, hitting 101,043 units—the highest in 11 quarters.
Luxury automaker Jaguar Land Rover reported record sales of 3,582 units for the nine months ending December 31, 2023, a 93% YoY increase compared to the April-December period of the last fiscal. The Range Rover and Defender led with a 250% increase, contributing to over 75% of the current order book.