Gaydon, UK, 07April 2025.
JLR today announces strong whole sale and retail
sales for the fourth quarter of FY25 (three-month period to 31 March 2025) and the
full year ended 31 March 2025,reflecting consistent,sustained global demand, as
it achieved a net cash positive position, a key Reimagine strategy target.
Wholesale volumes for
the fourth quarter of111,413units (excluding the Chery Jaguar Land Rover China JV), up 6.7%vs.Q3 FY25
and up 1.1%year-on-year. Compared to the prior year, wholesale volumes for the
fourth quarter were higher inNorth America (14.4%), Europe (10.9%), flat in the
UK (0.8%), lower in China (-29.4%)and Overseas (-8.1%).
Retail sales for
the fourthquarter of 108,232 units (including the Chery Jaguar Land Rover China
JV)were down 5.1% compared to Q4 FY24 andup1.8%compared to Q3 FY25.
The overall mix of the most
profitable Range Rover, Range Rover Sport and Defender models was66.3% of total
wholesale volumes in Q4 FY25 and 67.8% for the full year.
For the full year ended 31 March
2025, wholesale volumes of 400,898 and retail sales of 428,854 were flat at -0.1%
and -0.7% respectively, compared to the prior year.In addition, JLR achieved its
net debt zero target, ending the financial year net cash positive, a key
Reimagine strategy target.
JLR will report its
full year results for the year ended 31 March 2025in Mayand,as usual, provide guidance
on theoutlook for FY26 at that time.