JLR Q3 Sales Plummet Amid Cyber Attack & Jaguar Wind-Down

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CNBC TV18•05-01-2026, 22:55
JLR Q3 Sales Plummet Amid Cyber Attack & Jaguar Wind-Down
- •JLR's Q3 FY26 sales plunged significantly due to a cyber incident and the planned wind-down of Jaguar models.
- •Wholesale volumes dropped 43.3% year-on-year to 59,200 units, while retail sales fell 25.1% to 79,600 units.
- •All major markets, including North America, Europe, and China, reported substantial declines in both wholesale and retail.
- •Production normalized by mid-November after the cyber attack, but distribution delays impacted quarterly volumes.
- •Range Rover, Range Rover Sport, and Defender models constituted 74.3% of total wholesale volumes.
Why It Matters: Cyber attack and Jaguar model wind-down severely impacted JLR's Q3 FY26 sales across all markets.
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