Comments
Jaguar Land Rover (JLR), a part of Tata Motors, on Tuesday reported 5.5 per cent decline in total retail sales at 41,866 units in October as compared with the year-ago period.
The sales of Jaguar brand were at 10,606 units during the month, down 22.9 per cent from October 2018, Tata Motors said in a statement. Land Rover sales were at 31,260 units, up 2.4 per cent from the same month last year, it added.
“The automotive trading environment remains challenging globally. Against this background, it is all the more encouraging to see our China turnaround strategy and work with the local retailer network generating positive results as sales have improved in China for the fourth consecutive month,” JLR Chief Commercial Officer Felix Brautigam said.
JLR witnessed 16.2 per cent rise in sales last month as compared with the year-ago period. It was the company’s fourth consecutive month of double-digit sales growth in the region. The UK sales were, however, down 18.7 per cent during the month, the company said.
Sales were flat in North America, and down 7.9 per cent in Europe, it added.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.