Tata Motors PV Shares Plunge Over JLR's Dismal December Sales

• Tata Motors PV shares dropped over 3% today due to poor Jaguar Land Rover (JLR) sales in the December quarter.
• JLR's wholesale volume fell 43.3% and retail volume 25.1% year-on-year, impacted by a major cyberattack in the UK.
• Production resumed mid-November after the cyberattack, but shipping delays and discontinuing older models further hit sales.
• Increased US tariffs on Jaguar exports to the American market also contributed to the sales decline.
• Despite overall decline, high-value models like Range Rover, Range Rover Sport, and Defender maintained strong market share.

Why It Matters: JLR's weak December sales, driven by cyberattack and tariffs, caused a significant drop in Tata Motors PV shares.