Improved chip supply helps JLR return to profit

Range Rover_Jan2023

An improvement in the inbound supply of semiconductors has helped Jaguar Land Rover return to profit through increased output including of the new Range Rover models

JLR retailed 85,000 vehicles in Q3 while taking 95,000 new orders, bringing the existing order book up to 215,000 vehicles. The new Range Rover models, along with the Defender, account for 74% of the order book.

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