Jaguar Land Rover achieves its net debt zero target

The British luxury car manufacturer Jaguar Land Rover recorded flat wholesale versions in the financial year ended on a large scale due to weak performance in its main market of China. Retail sales were also flat during the year, parents Tata Motors said in a regulatory filing on Monday.

While the wholesale or dispatch was contracted by 0.1% to 400,898 vehicles during the year for dealership, retail sales fell 0.7% to 428,854 vehicles.

JLR, however, achieved its net debt zero target, abolished the year net cash positive, which is a major objective of its 'remagin' roadmap for trade change.
In the March quarter, retail sales in luxury marks slipped 5.1% from a year ago, although 108,232 units, although the concentration rose 1.1% to 111,413 units.

North America, by the company's largest market, by volume, fiscal grows 14.4% in the fourth quarter. JLR stopped shipment in the US in April after President Donald Trump declared 25% on automobile imports. The company has no plant in the US and exports cars to that country with its plants in UK and Slovakia. The US is about one third of its sales.


Meanwhile, China remains a drag for JLR. In Q4Fy25, China had fallen by 29%, even increased by 10.9% in Europe, while the UK was flat at 0.8%. Except for the Chery Jaguar Land Rover China Joint Venture, the wholesale volume grew by 6.7% to 111,413 vehicles and 1.1% year-to-year.