Jaguar Land Rover (JLR) Achieves 27% Surge in Q3 Wholesale Sales

9 Jan 2024 , 10:14 AM

The Jaguar Land Rover company, which is owned by Tata Motors, announced on Monday that its third-quarter total wholesale sales increased by 27% to 1,01,043 vehicles from the same period the previous year. During the period, Jaguar Land Rover (JLR) provided the greatest wholesales in 11 quarters, according to a JLR statement Tata Motors posted on the BSE.

It also stated that year-to-date wholesales for FY24 were 2,91,113 units, up 28% from the previous year. With 1.48 lakh customer orders at the end of the third quarter, the order book continues to demonstrate the high demand for JLR goods.

According to JLR, this is down from 1.68 lakh at the end of the second quarter, which is indicative of better order fulfillment to customers and shorter client wait periods for the cars. It continued, saying that 76% of the order book is still filled with requests for Range Rover, Range Rover Sport, and Defender.

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