Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has reported 11.9 percent dip in sales in Q2 (July-September) of 2020-21 to 1,13,569 units as compared to the same period previous year. However, the company's sales improved by 50 percent during the July-September quarter as against 74,067 units in April-June period of the current fiscal.
Sales in China were particularly encouraging during the period under review, up 14.6 percent over the previous quarter and 3.7 percent on a year-on-year basis. Retail sales in other regions, including the UK, Europe, North America and other markets, also significantly improved from the prior quarter. However, sales in these regions have not yet recovered to the levels a year ago.
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 | 985.75 |
Ashok Leyland | 236.80 |
Force Motors | 9026.35 |
Olectra Greentech | 1747.00 |
Tata Motors - DVR | 666.20 |
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