Tata Motors Passenger Vehicles Ltd.

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Tata Motors’ arm JLR reports 3% drop in August sales

Date: 10-09-2015

Tata Motors owned luxury brand -- Jaguar Land Rover (JLR) has reported August 2015 retail sales of 29,327 vehicles, down 3% year-on-year. Out of total, Land Rover sales declined 5 percent to 23,992 vehicles while Jaguar sales grew by 5 percent to 5,335 vehicles during the same period. Jaguar sales were boosted by all-new XE sports saloon, introduced in May, along with the F-TYPE. During the first eight months of the year, JLR sold 301,778 vehicles, 1% down on January to August 2014.

Maintaining Jaguar Land Rover's balanced sales portfolio, regional performance year-to-date shows 19% growth in Europe, 18% in the UK and 14% in North America, whilst China was down 29% and the Overseas region down 11%. Sales in the China region were down on last year’s record performance, due to slowing economic conditions and model transitions, specifically the launch of the locally produced Range Rover Evoque and Discovery Sport.

Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.