Tata Motors global sales rise 13% in Aug; JLR growth slows

Tata Motors global vehicle sales rose 13 percent in August from a year earlier, the company said, with sales at its key Jaguar Land Rover subsidiary rising 13 percent, less than in recent months.

Sales at the luxury British brand, a key driver of the company's recent profit growth, rose 41 percent in July, 39 percent in June and 35 percent in May.

Reuters

Tata Motors, part of the salt-to-steel Tata Group conglomerate, sold a total of 97,225 vehicles in August. Overall passenger cars sales stood at 47,141 vehicles, a rise of 23 percent from a year earlier.

Tata sold 24,060 Jaguar Land Rover vehicles in the month. Commercial vehicle sales rose 4 percent to 50,084.

Reuters