Sales at Jaguar Land Rover hit by computer chip shortage and China lockdowns

Sales at Jaguar Land Rover have continued to be impacted by the global computer chip shortage and the Covid-19 lockdowns in China.

The automotive giant sold just over 78,800 cars in the three months to the end of June, down 37% year on year.

The Jaguar brand sold a little of 15,200 vehicles, down 48%, while just over 63,600 Land Rovers were sold, a drop of 33%.

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In a statement, the company said its sales had continued to be “constrained by the global chip shortage, compounded by the run out of the prior model Range Rover Sport, with deliveries just starting, and the impact of Covid lockdowns in China”.

Sales in the UK rose by 10% and almost 50% in Europe but fell 5% in China, 30% in America and 10% in other overseas markets.

JLR said those falls reflected “the transition to new models and delivery times to these markets”.

Wholesale volumes were 71,815 units in the period, excluding its China joint venture, down 6% compared to the previous quarter ending March, 31.

JLR added that it “continues to see strong demand for its products, with global retail orders again setting new records in the quarter”.

The company has UK sites in Whitley, Gaydon, Solihull, Manchester, Castle Bromwich, Wolverhampton and Halewood.

Business Live – North West