Published On: Tue, Jan 17th, 2012

Current Affairs Business

Tata Motors global sales grows 27 percent in December

Tata Motors Monday reported a 27 percent rise in its global sales in December which accounted for 114,920 vehicles, driven by strong sales of passenger cars and luxury Jaguar Land Rover brand.

The company in a statement said sales of passenger cars stood at 61,066 vehicles and that of Jaguar Land Rover at 30,981 in the month.

The Tata group had bought Jaguar Land Rover in 2008.

According to a company statement, cumulative sales for the 2011-12 stood at 865,400, 12 percent higher when compared to the corresponding period last fiscal.

On a stand-alone basis, global sales of passenger cars and the distribution offtake of Fiat cars in India in the month under review grew by 45 percent at 30,085 units over the like period of December 2010.

Jaguar Land Rover global sales grew by 45 percent last month at 30,981 units.

Global sales of all commercial vehicles including Tata, Tata Daewoo and Tata Hispano Carrocera ranges grew by 12 percent in the month under review and stood at 53,854 units.

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