The semiconductor crisis heavily affects 2021’s Jaguar Land Rover. The British group released the data for the last quarter and for the whole year just ended, registering in the latter case an overall decrease of 1.2% compared to 2020, with 420,856 units delivered. In the October-December period, 80,126 vehicles were delivered, down by 13.6% compared to the previous quarter ended September 30, 2021 and by 37.6% compared to the previous year’s quarter ended December 31, 2020. Registrations were lower in all regions than in the previous quarter, including China (-6.9%), Europe (-6.8%), North America (-11.8%), United Kingdom (-24.3 %) and overseas (-25.4%).
On the other hand, in contrast to the trend, wholesale volumes amounted to 69,182 units while production volumes were 72,184 units in the quarter, up 8% and 41% respectively compared to the previous three months. The increase in production in particular it reflects better chip supply. Compared to the previous quarter, the wholesale volumes of Range Rover increased by 91.8%, Range Rover Sport by 64.0% and I-Pace by 34.5%. December also saw the decline of the Jaguar brand, with 86,270 cars delivered and a drop of 15.8% compared to the previous year. Good news instead from Land Rover which grew by 3.4% strong of 334,586 registrations. The Defender deliveries contributed to the positive result. However, JLR looks positively to the next few months, with strong interest in its flagship models: despite the impact of the semiconductor shortage on production and sales, the total order book has grown to over 154,000 units, around 30,000 orders in more than in the previous quarter for the new Range Rover, while demand for the Land Rover Defender remains strong with around 36,000 orders.
“The New Range Rover is the embodiment of Jaguar Land Rover’s vision of Modern Luxury by Design. We are delighted that the positive feedback at the launch has led to strong order taking for this completely new first modern luxury model – commented Lennard Hoornik, Chief Commercial Officer of Jaguar Land Rover – Additionally, the Land Rover Defender continues to contribute to an order record alongside our Jaguar I-Pace. The semiconductor supply challenges continue in the industry, but our wholesale volumes are improving. We look forward to completing delivery to global customers as supply improves in 2022 ″.
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