The company delivered a resilient performance during the year despite a fall in revenues by reducing their breakeven levels to 320,000 units. This should aid a gradual recovery in performance through the coming year. This is a key issue facing Jaguar Land Rover and we are working assiduously to address the same during FY2021/22. Even though we took various steps to address the issue, the situation continues to remain challenging. The global shortage of semiconductors had a disproportionately adverse impact on Jaguar Land Rover’s production and sales compared to our competitors. In the midst of these changes, Jaguar Land Rover embarked on the Reimagine journey to embrace an electric future and transform into a digitally savvy modern luxury business delivering strong financial results.ĭuring the year, we saw the successful global launch of the award-winning New Range Rover, while customer deliveries of Defender continued across 94 markets, with 107,208 units sold by the end of FY2021/22. Iv) Talent transition – Coming of age of the Talent Cloud – a diverse, inclusive, global talent pool that can be accessed remotely. Iii) Digital transition – Artificial Intelligence and Machine Learning becoming mainstream, and Ii) Supply Chain transition – rebalancing of supply chains to become resilient, I) Energy transition – irreversible move to green mobility, While these changes have had a serious impact on businesses and communities, they have also accelerated some important trends for the future viz. Businesses have had to cope with this unprecedented sequence of events with speed and agility. Decades of experience have been squeezed into two dizzying years. Recent history has been relentless with the global pandemic, military conflict, growing inequality, supply chain shortages and more.
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