Tata Motors’s subsidiary Jaguar Land Rover reports positive sales for Q2FY21
Tata Motor’s wholly-owned subsidiary, Jaguar Land Rover (UK) reported strong growth in its net sales for Q2FY21. Jaguar Land Rover (JLR) reported a significant improvement in its net sales for Q2FY21 compared to the COVID-19 affected Q1FY21 and Q4FY20. Retail sales were up by more than 50 per cent to 1,13,569 units in Q1FY21 compared to 74,067 units in Q2FY21 but compared to Q2FY20, the net sales lagged by 11.9 per cent. The boost in the net sales was led by strong growth of 14.6 per cent QoQ in the Chinese markets. Sales in China in the month of September alone were up by 28.5 per cent YoY.
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