Currently reading: Jaguar Land Rover boosts revenue but chip shortage hurts profits

JLR posted revenues of £4.7bn last quarter – a 22% increase – but has an order backlog of 155,000 vehicles

Jaguar Land Rover (JLR) reported a 22% uptick in revenue in the last financial quarter, citing an improvement in wholesale volumes and component supply over the second quarter, but the semiconductor shortage continues to restrict its profitability.

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