Jaguar Land Rover is ready to deal with the Semiconductor shortage,

Production of the New Range Rover and New Range Rover Sport improved with wholesale sales of 13,537 units, up from 5,790 units in the April-June quarter of the current financial year. Seeing the demand for premium SUVs, the company decided to tie up with another supplier.

 Jaguar Land Rover is currently partnering with several suppliers to address semiconductor shortages, ensuring on-time deliveries to customers. The company has received more bookings since July. In the September quarter, the marquee brand sold 75,307 units as compared to the July-September period of the previous financial year, registering a year-on-year growth of 18 percent.

Jaguar Land Rover in its interim reports said that partnerships with several semiconductor suppliers and further development are expected to enable it to improve volumes in the second half of the fiscal year ending March 2023 and beyond. Despite the shortage of semiconductor chips, the company’s production was fine at the beginning of the year, but now some improvement is being seen. Production of the New Range Rover and New Range Rover Sport improved with wholesale sales of 13,537 units, up from 5,790 units in the April-June quarter of the current fiscal.

Seeing the demand for premium SUVs, the company decided to tie up with another supplier. The company registered bookings of 2.05 lakh units at the end of the second quarter. The company’s three models, New Range Rover, New Range Rover Sport, and Defender account for more than 70 percent of the orders.

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