Jaguar Land Rover recorded a 14.5% slump in sales year-on-year for the fourth quarter of financial year 2026, but it claims it is recovering fast from last autumn’s cybersecurity attack.
In its April 2 statement, the company reported wholesale volumes at 95,300 for the quarter ending March 31, a rise of 61.1% versus Q3 2026, which included a global production shutdown following the hacking of its computer systems.
“As anticipated and previously indicated, fourth quarter volumes rose significantly versus the prior quarter, as operations recovered and production returned to normal levels following the cyber incident,” JLR said in its report.
Nonetheless, full-year wholesale volumes were at 307,900 units, down 23.2% compared to 2025. Retail sales of 92,700 units for the quarter were 14.3% down on the same period last year, while retail sales of 352,300 units were down 17.8% compared to 2025.
The company added that full-year volumes were hit by several challenges including the cybersecurity attack, U.S. tariffs, China market conditions and the planned wind-down of legacy Jaguar models ahead of the brand’s Jaguar relaunch as an electric vehicle company.
One bright spot was seen from the Range Rover, Range Rover Sport and Defender model mix, which amounted to 77.1% of total wholesale volumes for the quarter, up from 66.3% from the same quarter a year ago.
Regionally, the only market that saw a rise in wholesales for Q4 2026 was the European Union, which recorded a 4.1% increase compared to Q4 2025. Volumes were lower in the U.K., down 23.1%; North America, down 19%; and China, down 29.8%.
JLR said it will report its quarterly and full-year results for the period ending March 31, 2026.
