Tata Motors July global wholesales down 14 percent
Automobile giant Tata Motors Wednesday reported a 13.81 percent fall in its group global wholesales in July, which stood at 87,566 units from a sale of 101,605 units in the corresponding period of last year.
According to the company, luxury brand of the group Jaguar Land Rover (JLR) saw a 30.61 percent increase in sales in the month under review, which stood at 35,162 units from 26,921 units sold in July, 2012.
Jaguar sales for last month grew by 77 percent at 7,174 units from 4,064 units sold in the corresponding month of last year. Land Rover sales were 22 percent higher at 27,988 units from 22,857 units sold in July, last year.
JLR's cumulative sales grew by 33.05 percent for the fiscal at 125,782 units from a sale of 94,535 units.
The group's global commercial vehicle wholesales which includes brands like Tata, Tata Daewoo and the Tata Hispano Carrocera range in the month under review declined by 14.42 percent at 40,882 units from 47,776 units.
Global passenger vehicle wholesales of the group fell by 13.27 percent at 46,684 units from 53,829 units sold in July, 2012. Global wholesales of Tata passenger vehicles fell 57.18 percent at 11,522 units from a sale of 26,908 units.
(Posted on 14-08-2013)