The Economic Times
12h ago
Tata Motors PV in focus after JLR Q1 FY27 retail sales drop 15.3% to 80,000 units
Tata Motors Passenger Vehicles said Jaguar Land Rover’s Q1 FY27 retail sales fell 15.3% year on year to 80,000 units, citing temporary supply disruptions tied to Middle East conflict-related market disruption and a fire at a key component supplier. Wholesale volumes declined 9.2%, with sharper drops in China, Europe and overseas markets. The company said the impact was temporary and that it will report April–June quarter financial results in August. Tata Motors PV shares have fallen 13% over the past month and have struggled to rebound after hitting a 52-week low.