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Tata Motors January global sales up 16%

Tata Motors January global sales up 16%
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First Published: Tue, Feb 15 2011. 01 42 PM IST
Updated: Tue, Feb 15 2011. 01 42 PM IST
Mumbai: Tata Motors Ltd said on Tuesday its global vehicle sales rose 16% in January to 98,998 units.
Jaguar and Land Rover sales rose 25% to 20,377 units, driven by a 30% rise in Land Rover sales. Tata bought the British luxury brand unit JLR from Ford Motor Co. for $2.3 billion in 2008.
Tata Motors, part of the salt-to-software conglomerate Tata group, on Friday said surging sales at its luxury Jaguar and Land Rover unit helped quadruple third-quarter profit.
Tata, whose range includes utility vehicles, cars and the Nano, touted as the world’s cheapest car, pledged to lift prices aggressively to offset rising raw material costs.
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First Published: Tue, Feb 15 2011. 01 42 PM IST