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JLR aims to sell 100,000 cars in China this year: Exec

Tata Motors posted a 23 percent fall in quarterly profit as higher sales of its luxury Jaguar Land Rover vehicles failed to offset sagging sales at home.

August 08, 2013 / 13:58 IST
     
     
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    Jaguar Land Rover, a unit of India's biggest truck and bus maker Tata Motors, aims to sell 100,000 cars in China this year, its Chief Executive Ralf Speth told reporters on Wednesday.

    Also Read: Tata Motors Q1 net down 23% at Rs 1726cr; JLR profit up 29%


    Earlier on Wednesday, Tata Motors posted a 23 percent fall in quarterly profit as higher sales of its luxury Jaguar Land Rover vehicles failed to offset sagging sales at home.


    Tata Motors, part of the USD 100 billion Tata group, said consolidated net profit for the quarter ended in June was Rs 1726 crore, compared with Rs 2245 crore a year ago.

    first published: Aug 8, 2013 11:35 am

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