Currently reading: Jaguar Land Rover sales rise as chip shortage eases

JLR reports 19% rise in wholesales and a 21% increase in retail sales quarter on quarter

Jaguar Land Rover has continued its recovery from the semiconductor chip shortage, reporting a 19% rise in wholesales (sales to dealers) compared with the previous quarter.

The firm wholesaled 94,649 vehicles between 1 January and 31 March 2023, a 24% increase on the volume recorded over the same period a year ago. This indicates a rebound in production volumes due to the gradual improvement in the supply of parts, including semiconductors.

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