Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
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Tata Motors’ arm JLR reports 18% growth in May sales

Date: 07-06-2016

Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) has reported its best ever May retail sales of 44,946 vehicles, up 18% from May 2015. This is the company's fifth consecutive record-breaking month. The company sold 245,100 vehicles in the first five months of 2016, up 23% compared to the same period in the prior year. Retail sales for the month of May too were up year-on-year across all regions, 28% in China, 24% in Europe, 23% in the UK and 8% in North America. Other overseas markets were up 6% 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.