Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
24 March, 2018 06:04 IST
Tata Motors reports JLR sales at 52,332 units in Nov'17
Source: IRIS | 07 Dec, 2017, 11.53AM
Comments  |  Post Comment

Tata Motors' subsidiary Jaguar Land Rover (JLR) has reported total retail sales of 52,332 vehicles in November, up 10.0% on November 2016. The growth was driven primarily by the introduction of the new Land Rover Discovery and the Range Rover Velar. Furthermore, retail sales of Jaguar's all new compact SUV, the E-PACE, began in the UK and Europe during November.

Jaguar retail sales were 13,688 vehicles in November, down 6.3% compared to November 2016, primarily reflecting lower sales of the Jaguar XE. Land Rover retailed 38,644 vehicles in November, up 17.2% compared to November of last year, led by the introduction of the Range Rover Velar and the new Land Rover Discovery.

By market, the retail sales in November were up year-on-year in overseas markets (19.7%), China (19.1%), the UK (8.6%) and in North America (7.8%) but down in Europe (2.1%).

Andy Goss, Jaguar Land Rover Group Sales Operations Director, said, ''November has been a robust month for Land Rover, driving sales up globally across all of our key regions.

Jaguar sales have been more hard won but the future performance of both brands will be boosted as the new E-PACE goes on sale across the world and the new 18 MY Range Rover and Range Rover Sport with plug-in hybrid capability go to market.''

Shares of the company gained Rs 7.1, or 1.79%, to trade at Rs 403.90. The total volume of shares traded was 323,028 at the BSE (11.42 a.m., Thursday).

Tata Motors Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Company Update
Tata Steel identified as successful resolution application for acquisition of Bhushan Steel - 23-Mar-2018 12:36
Vakrangee ties up with Blue Dart Express - 23-Mar-2018 09:54
Suven Life Sciences secures 3 overseas product patents - 22-Mar-2018 12:24
Cox & Kings sells 11.58% stake in subsidiary - 22-Mar-2018 12:20
Steel Strips Wheels receives 7,000 wheel order from UK aftermarket - 22-Mar-2018 10:37
Zensar Technologies acquires US based Cynosure Inc - 22-Mar-2018 10:33
IRB Infrastructure Developers wins Rs 34 bn Hapur bypass BOT project - 22-Mar-2018 10:18
Sun Pharma announces USFDA approval of ILUMYA drug - 22-Mar-2018 09:39
Ashok Leyland bags orders for 2,100 buses from Tamil Nadu - 21-Mar-2018 10:17
Suzlon designs and produces India's longest wind turbine blade - 21-Mar-2018 10:11
Mphasis partners with Plug and Play - 21-Mar-2018 09:55
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer