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Tata Motors’ arm reports retail sales of 44,282 units in October 2018

Tata Motors’ wholly owned subsidiary — Jaguar Land Rover (JLR) has reported total Retail Sales of 44,282 vehicles in October 2018, down 4.6% year on year despite strong sales of newer models, namely the Jaguar I-PACE and E-PACE and the refreshed Range Rover and Range Rover Sport.

Retail sales rose significantly in the UK (46.9%) and North America (24.1%) with these new models. Jaguar retail sales were 13,764 vehicles in October, up 11.6% year on year, driven by the EPACE and I-PACE as well as the long wheel base XEL from the company’s Chinese joint venture.

Land Rover retailed 30,518 vehicles in October, down 10.5% year on year as increased sales of the refreshed Range Rover and Range Rover Sport as well as the Velar were offset by lower sales of the Evoque and Discovery Sport, primarily in China.

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.



This post first appeared on Udaipur Kiran, please read the originial post: here

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Tata Motors’ arm reports retail sales of 44,282 units in October 2018

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