JLR Q3 Wholesales Plummet 43% After Cyber Incident, Legacy Model Phase-Out
JLR's third-quarter wholesales fell 43.3% year-over-year after a cyber incident halted production and the wind-down of legacy Jaguar models weighed on volumes.
- 59,200 units
- 43.3%
- 79,600 units (down 25.1% YoY)
What Happened
JLR reported Q3 FY26 wholesale volumes of 59,200 units, down 43.3% year-on-year, and retail sales of 79,600 units, down 25.1%. Production was impacted by a cyber incident that halted output until mid-November, and the planned wind-down of legacy Jaguar models continued to reduce volumes. Incremental US tariffs also affected exports. The Range Rover, Range Rover Sport, and Defender models made up 74.3% of wholesale mix.
59,200 unitsunits
Down 43.3% vs. Q3 FY25
- Cyber incident caused production stoppages until mid-November
- Wind-down of legacy Jaguar models ahead of new launch
- Incremental US tariffs on exports
Why this matters
The sharp sales decline shows how vulnerable automakers are to cyberattacks and how planned model transitions can temporarily hurt performance.
Terms in This Story
- Wholesales
- Units sold by the manufacturer to dealers, not directly to end customers.
- Retail sales
- Units sold to end customers through dealers.
- Legacy models
- Older vehicle models that are being phased out to make way for new ones.
- Cyber incident
- An event that compromises the security or operations of a company's information technology systems.
Summarised from the linked release; details can be imperfect — always verify against the original source.