Tata Motors Passenger Vehicles Ltd.

Tata Motors’ British-based arm Jaguar and Land Rover (JLR) has reported its best ever March retail sales, closing off a record-breaking month, quarter and financial year. The company’s impressive growth is driven by unprecedented investment in new products. In 2015 JLR introduced a host of new cars and technologies to market, including the award-winning Jaguar XE and XF and Land Rover Discovery Sport.

Global sales in March totalled 75,303 vehicles, up 29% year-on-year. Building the momentum, the company sold 158,813 vehicles in the first three months of 2016, 28% up on the same period in the prior year. Retail sales for the month of March were up year-on-year across all regions: 49% in Europe, 43% in China, 33% in North America and 16% in the UK. Other Overseas markets were up 17% year-on-year. Four out of five of the key regions achieved record sales this month - a testament to the increasing global demand for Jaguar Land Rover vehicles.

With a balanced regional distribution of sales, Jaguar Land Rover retailed 521,571 vehicles in fiscal 2015-16, 13 percent up on the previous year. Of that, Jaguar sold 94,449 vehicles and Land Rover sold 427,122 vehicles. This was the company’s strongest performing fiscal year ever.