Jaguar Land Rover (JLR) has announced robust wholesale and retail sales for the fourth quarter of FY25 (January-March 2025) and the full year ending March 31, 2025. The company’s performance reflects sustained global demand and a significant milestone—achieving a net cash positive position, a key target of its Reimagine strategy.
In Q4 FY25, JLR recorded wholesale volumes of 111,413 units (excluding the Chery Jaguar Land Rover China JV), a 6.7% increase from Q3 FY25 and a 1.1% rise year-on-year. Growth was strong in North America (14.4%) and Europe (10.9%), while the UK remained steady (0.8%). However, volumes dipped in China (-29.4%) and Overseas markets (-8.1%).
Retail sales for Q4 were 108,232 units (including the China JV), down 5.1% year-on-year but up 1.8% compared to Q3 FY25. High-demand models like the Range Rover, Range Rover Sport, and Defender made up 66.3% of Q4 wholesale volumes, and 67.8% for the full year.
For the full year, wholesale volumes totaled 400,898 units (-0.1% vs. FY24), and retail sales hit 428,854 units (-0.7%). The high-profit Range Rover, Range Rover Sport, and Defender models accounted for 66.3% of Q4 wholesale volumes and 67.8% annually, boosting profitability. JLR also achieved its net debt zero goal, ending FY25 net cash positive.
JLR will release its full-year financial results and FY26 outlook in May 2025.
