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Tata Motors global vehicle sales up 21 pct in Jan

Source : REUTERS
Last Updated: Wed, Feb 15, 2012 09:14 hrs
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Tata Motors Ltd's global vehicle wholesales rose 21 percent in January from a year earlier, the Indian company said on Wednesday, led by strong sales of its luxury Jaguar Land Rover vehicles.

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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 $2.3 billion in 2008, stood at 29,293 in the month, a rise of 44 percent.

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


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