Tata Motors global sales fall 4% in April

Tata Motors global sales fall 4% in April

10/05/2017 12:55

Auto major Tata Motors on Wednesday said that its global wholesales in April 2017, including Jaguar Land Rover, dipped 4 per cent year-on-year to 73,691 units.

“Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in April, 2017 were at 18,844 units, lower by 36 per cent, over April 2016,” said Tata Motors in a filing to the Bombay Stock Exchange.

The company stated that global wholesales of all passenger vehicles in April2017 were at 54,847 units, higher by 16 per cent, compared to April 2016.

Global wholesales for Jaguar Land Rover were 41,923 vehicles (which includes CJLR volumes of 6,788 units). CJLR – is a JV between JLR and Chery Automobiles and is an unconsolidated subsidiary for JLR.

Jaguar wholesales for the month were 12,608 vehicles, while Land Rover wholesales for the month were 29,315 vehicles, it added.

Meanwhile, shares of company were trading at Rs 431.00 apiece, up 1.01 per cent, from previous close on the BSE at 13:00 hour.

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