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Tata Motors-Owned Jaguar Land Rover Announces 37% Drop In Quarterly Sales Due To Semiconductor Shortage
Tata Motors-owned Jaguar Land Rover noted a 37% drop in retail sales to 78,825 units in June quarter, owing to semiconductor shortage, COVID-19 lockdowns in China, and switch to new Range Rover Sport model. JLR, however, said its goods continue to be in high demand, with worldwide retail orders establishing new highs in the third quarter. The overall order book has expanded to about 2 lakh units by June 2022.
Tags: TATA Motors, Jaguar, Jaguar Land Rover, Sales Declined, Quarterly Loss
Courtesy: DNA INDIA
Tata's All-Electric Jaguar I-PACE To Arrive In India On March 9
Tata Motors' Jaguar Land Rover will enter the Indian electric vehicle market with its maiden SUV I-PACE on March 9, announced the company via Twitter on February 8. To be available in S, SE and HSE variants, the SUV will possess 90kWh lithium-ion battery, chargeable to 80% in 45 minutes, and can attain 100kmph in 4.8 seconds. Moreover, Jaguar has also collaborated with TATA power to provide EV charging solutions to Indian I-PACE customers.… read-more
Tags: TATA Motors, Jaguar Land Rover, Electric Vehicle, Jaguar I-PACE
Courtesy: Business Today
