Cyber Attack, Tariffs Hit JLR: Tata Motors Shares Drop 3% Amid Volume Plunge

• Tata Motors PV shares fell 3% after JLR reported significant volume declines in Q3 FY26.
• JLR's wholesale volumes dropped 43.3% and retail volumes 25.1% year-on-year, primarily due to a severe cyber attack.
• Production at JLR facilities was disrupted until mid-November following the cyber incident.
• US tariffs and the planned wind-down of legacy Jaguar models also contributed to the volume decline.
• Despite volume pressure, JLR saw a shift towards higher-value models like Range Rover, Range Rover Sport, and Defender.

Why It Matters: JLR's Q3 volumes plunged due to a cyber attack and tariffs, impacting Tata Motors shares.