Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
321.10
-3.15 (-0.97%)
< Home < Back

Tata Motors’ arm reports 6.5% growth in global sales during 2017

Date: 09-01-2018

Tata Motors’ subsidiary -- Jaguar Land Rover (JLR) has achieved record global sales in 2017 with retails of 621,109 vehicles, up 6.5% on the prior year, despite tough conditions in some markets. Retail sales for the month of December were 55,697, up 0.6% and for the quarter were 154,447 vehicles, up 3.5%.

Retail sales in December were up in Overseas markets (19.0%) and in China (12.6%) but down in the UK (15.8%), US (9.2%) and Europe (4.6%), reflecting weaker market conditions in the UK and to a lesser extent the US. 

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.