The new diesel variant is powered by a 2 litre engine that delivers a power output of 132 kW, the company said in a statement.
In the passenger vehicles category, global sales stood at 54,847 units last month as against 51,749 units during the same period in 2016, up 6 per cent.
Jaguar sales shot up 197 percent at 3,230 units while Land Rover sales grew by 0.4 percent to 5,211 units compared with corresponding month last year.
The German automaker has not received approval from the U.S. Environmental Protection Agency to sell 2017 model diesel vehicles.
The company had sold 1,18,750 units in March 2016, Tata Motors said in a statement. In the passenger vehicles category, global sales stood at 87,355 units last month as against 73,515 units during the same period in 2016, up 19 percent.
At least three new models including Velar, Discovery will hit the Indian roads this year, said Rohit Suri, Managing Director, Jaguar Land Rover India.
Tata Motors-owned Jaguar Land Rover (JLR) today reported its best-ever annual retail sales of 6,04,009 units in the financial year ended March 31, 2017, up 16 per cent from the year-ago period.
Tata Motors today reported about 3 per cent rise in global sales in February at 1,03,064 units, including that of Jaguar Land Rover (JLR) vehicles.
Jaguar Land Rover today unveiled its new Range Rover Velar and Jaguar I-PACE Concept at the Geneva Motor Show here.
The month's performance has been driven by strong sales of the Jaguar F-PACE, the XE, the Land Rover Discovery Sport, the Range Rover and the Evoque, with sales of the all-new Land Rover Discovery now also under way, the company said in a statement.
While reiterating a buy call on the stock, Bank of America Merrill Lynch has raised its target to Rs 580 from 560 on higher volume estimates. As recovery becomes visible Q2FY18 onwards (EPS CAGR of 21 percent FY16-19), it expects the valuation multiples to expand as well.
Tata Motors-owned Jaguar Land Rover has unveiled a new model at a grand ceremony here.
India will get fresh investments and added product lines from Tata Motors-owned British brands Jaguar Land Rover even as the company has not lined up big-ticket investments for elsewhere across the globe.
Tata Motors‘ declared a dismal set of quarterly numbers yesterday, with consolidated profit falling 96 percent year-on-year to Rs 112 crore.
Tata Motors-owned Jaguar Land Rover, which also relies on exports from the UK to serve the US customer, will be impacted heavily if Trump has his way.
Credit Suisse has maintained outperform rating on the stock, with reduced target price at Rs 630 from Rs 680 after cutting FY17/FY18/FY19 EPS estimates by 26 percent/15 percent/12 percent.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks that came out with good quarterly numbers.
UK subsidiary Jaguar Land Rover, too, disappointed the street. Net income during the quarter dropped 62 percent year-on-year to 167 million pound but revenue increased 13.1 percent to 6,537 million pound on volume growth.
JLR's profit is seen down at 371 million pound against 440 million pound on yearly basis. Revenue may increase 11 percent to 6,432.5 million pound, supported by forex tailwinds.
Tata Motors today reported a 3 per cent rise in global sales in January at 95,081 units, including that of Jaguar Land Rover (JLR) vehicles.
The month's performance has been driven by the success of Jaguar F-PACE, XF, Land Rover Discovery Sport and the Range Rover Sport, JLR said in a statement.
Competition Commission has dismissed allegations of unfair business practices made against luxury car maker Jaguar Land Rover.
Jaguar Land Rover will recall 6438 vehicles in China over defective safety belts, which a top quality watchdog claimed, may malfunction in the event of a collision.
Tata Motors-owned Jaguar Land Rover (JLR) was today fined 900,000 pounds after a worker lost his leg in an accident, described as "completely avoidable" by the court, at one of the company's UK factories nearly two years ago.