Tata Motors PV shares decline 3% after reports suggest another production halt at JLR plant

Shares of Tata Motors Passenger Vehicles (PV) Ltd. are in focus on Friday, March 27, as its luxury car manufacturing unit Jaguar Land Rover's (JLR) production has likely to have been impacted by the temporary closure at its Solihull plant, according to reports.

JLR has stopped production on car lines at its Solihull plant for two weeks, as per a Reuters report.

The production has been closed at the plant due to an issue regarding parts, which involves a supplier.

The two-week pause includes an already-planned shutdown over the Easter holiday, the report states.

As a result of this reported shutdown, the production of JLR's Range Rover and Range Rover Sport models are likely to be impacted.

The Tata Motors JLR unit's production first took a hit in August last year, when it disclosed of a cyberattack. Reports suggested that the production shutdown had caused a loss of £50 million per week.

Reports had also indicated that the lack of insurance meant JLR could be hit with a £2 billion bill, aside of the £50 million per week costs, which was higher than the entire profit the unit had reported for the financial year 2025.

It began the phased restart of its manufacturing operations from October 2025.

In the third quarter, JLR's revenue declined 39% to £4.5 billion from the year-ago period, driven by the reduction in wholesale volumes impacted due to the cyber incident. Production normalcy had only returned in mid-November.

The company in an exchange filing said the investment spend was expected to remain at £18 billion over the five-year period from FY24.

Shares of Tata Motors PV were down 1.7% lower at ₹312.5 apiece in early trade on Friday.

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