4.00 (1.21%) Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) has reported its best ever October retail sales of 46,325 vehicles, up 11% compared to October 2015. The month’s performance has been driven by strong sales of the Land Rover Discovery Sport, Range Rover Evoque, Jaguar XF and the introduction of the Jaguar F-PACE, as well as strong year on year sales growth in China and Europe.
JLR delivered solid retail sales growth across the majority of key regions for October year on year, with China up 39%, Europe up 25%, the UK and North America both up 8% but other overseas markets down 22%. JLR sold 480,349 vehicles in the first ten months of 2016, 23% up on the same period in the prior 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.