Mumbai, July 8 -- Compared to the prior year, wholesale volumes for the first quarter increased in MENA (20.5%), Overseas (4.6%) and China (1.0%), while declines were recorded in North America (down 12.2%), Europe (down 13.6%) and the UK (down 25.5%). The UK was most impacted by the planned cessation of the legacy Jaguar models.

The overall volume decline was in line with the company's expectations, following a challenging quarter. This largely reflects the planned wind down of legacy Jaguar models ahead of the launch of new Jaguar, and a pause in shipments to the US during April 2025 following the introduction of US import tariffs.

Retail sales for the first quarter of 94,420 units (including the Chery Jaguar Land Rover China JV) were ...