Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has reported 5.5% fall in total sales at 41,866 units in October as compared with year-ago period.
Sales continued to recover in China (up 16.2% year-on-year), the fourth consecutive month of double-digit sales growth in the region. UK sales were down 18.7% for the month, bringing the year-to-date figure to 4.2% down, which is in line with industry trends. Sales were relatively flat (-0.3%) in North America and down in Europe (-7.9%) and Overseas (-10.8%).
Sales of company’s latest models continued to grow, with the new Range Rover Evoque up 31.4%, the Jaguar I-PACE up 9.1%, and the refreshed Land Rover Discovery Sport up 3.4% year-on-year. Sales of the Range Rover Sport also grew 7.2%. Land Rover retail sales in October 2019 were 31 ,260 vehicles, up 2.4% year-on-year, and Jaguar retails were 10,606 vehicles, down 22.9% year-on-year.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.
Company Name | CMP |
---|---|
Tata Motors | 963.90 |
Ashok Leyland | 169.50 |
Force Motors | 9186.00 |
Olectra Greentech | 1749.95 |
Tata Motors - DVR | 637.95 |
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