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Tata Motors’ arm reports 2.3% drop in April retail sales

05 May 2017 Evaluate

Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) has reported a 2.3% fall in April retail sales at 40,385 vehicles. The company sold 219,891 vehicles in the first four months of 2017, up 9.9% compared to the same period a year ago. Retail sales for the month of April were up in North America (32.5%), China (10.1%) and Europe (2.7%), but down in the UK (34.6%) and in other Overseas markets (19.7%) year-on-year. April also saw the Jaguar F-PACE win World Car of the Year.

Jaguar had a record April, retailing 12,310 vehicles, up 54.0% compared to the same month in the previous year led by continuing strong sales of the F-PACE, XE and the long wheel base XFL from the China joint venture. Further, retail sales for Land Rover in April were 28,075 vehicles, down 15.8% on April last year, primarily reflecting the run-out of the Discovery and softer sales of other models, which were only partially offset by sales of the all-new Discovery and solid sales of Range Rover.

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