Tata Motors' global sales drop 17.89% in March
12 April 2014
Tata Motors on Friday reported a 17.89 per cent decline in its global vehicle sales for March, including a drop in sales growth from its normally reliable Jaguar Land Rover (JLR) stable.
Vehicles sales abroad dropped to 95,668 units last month, compared to 1,16,521 units in March last year, Tata Motors said in a statement.
In the passenger vehicles category, global sales last month were at 56,420 units, as against 55,722 units in March 2013, up 1.25 per cent.
Sales of luxury brands Jaguar and Land Rover rose 1.47 per cent to 43,311 units in March, compared with 42,682 units in the same month last year.
The company's sales of commercial vehicles in March declined by 35.44 per cent to 39,248 units from 60,799 units a year ago.