Millennium Post

Tata Motors' April global wholesales decline 9%

Automobile major Tata Motors Group on Wednesday reported a decline of nine per cent in its global wholesales for April, including Jaguar Land Rover (JLR).

According to the company, its global wholesales including that of JLR for last month decreased to 73,691 units.

"Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in April 2017 were at 18,844 numbers, lower by 36 per cent, over April 2016," a company statement said.

"Global wholesales of all passenger vehicles in April 2017 were at 54,847 numbers, higher by six per cent, compared to April 2016."

Besides, the automobile major pointed out that the global wholesales for JLR which includes CJLR (a JV between JLR and Chery Automobiles) were 41,923 vehicles.

"Jaguar wholesales for the month were 12,608 vehicles, while Land Rover wholesales for the month were 29,315 vehicles," the company added.

Tata Motors is India's largest automobile company, with consolidated revenues of Rs 275,561 crore ($41.6 billion) in 2015-16.

It has operations in the UK, South Korea, Thailand, South Africa and Indonesia through subsidiaries and associate companies, among them is JLR.

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