Tata Motors global vehicle sales up 21% in Jan

Published on Wed, Feb 15, 2012 at 14:36 |  Source : Reuters

Updated at Wed, Feb 15, 2012 at 22:30  

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Tata Motors global vehicle sales up 21% in Jan

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Tata Motors 's global vehicle wholesales rose 21% in January from a year earlier, the Indian company said on Wednesday, led by strong sales of its luxury Jaguar Land Rover vehicles.

Tata sold 119,799 vehicles in January, with passenger cars accounting for 66,785, a rise of 26 percent.

Sales of its Jaguar Land Rover brands, which Tata purchased for USD 2.3 billion in 2008, stood at 29,293 in the month, a rise of 44%.

Tata, part of India's salt-to-steel Tata Group conglomerate, on Tuesday reported a stronger-than-expected 40.5% rise in profit in the quarter to end-December on robust sales at Jaguar Land Rover.

Also Read: Tata Motors jumps on strong Q3, analysts raise estimates

  

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