Tata Motors Passenger Vehicles Ltd.

Tata Motors-owned Jaguar Land Rover (JLR) has is reportedly planning to launch new affordable models from 2015, following the success of lower cost luxury vehicles made by its sister company Land Rover. The new range will consist of compact saloon and crossover SUV - currently the fastest-growing models in terms of global sales - and be available in the second half of 2015.

British luxury carmaker Jaguar has registered 7% increase in its global sales at 33,739 units in June 2013. It has sold 6,574 Jaguar vehicles, a 34% increase from a year earlier, while Land Rover sales rose 2% to 27,165 units in June from a year earlier. The automaker was able to achieve these sales in various markets, including China, North America and Asia Pacific.