Active Stocks
Tue Apr 16 2024 15:59:30
  1. Tata Steel share price
  2. 160.05 -0.53%
  1. Infosys share price
  2. 1,414.75 -3.65%
  1. NTPC share price
  2. 359.40 -0.54%
  1. State Bank Of India share price
  2. 751.90 -0.65%
  1. HDFC Bank share price
  2. 1,509.40 0.97%
Business News/ Auto News / JLR sales dip 6% in October to 41,866 units
BackBack

JLR sales dip 6% in October to 41,866 units

Sales of Jaguar brand were at 10,606 units during the month, down 22.9% from October 2018
  • JLR witnessed 16.2% rise in sales last month as compared with the year-ago period
  • It was JLR's fourth consecutive month of double-digit sales growth in the region. (Photo: Bloomberg)Premium
    It was JLR's fourth consecutive month of double-digit sales growth in the region. (Photo: Bloomberg)

    New Delhi: Jaguar Land Rover (JLR), a part of Tata Motors, on Tuesday reported 5.5% decline in total retail sales at 41,866 units in October as compared with the year-ago period.

    Sales of Jaguar brand were at 10,606 units during the month, down 22.9% from October 2018, Tata Motors said in a statement.

    Land Rover sales were at 31,260 units, up 2.4% from the same month last year, it added.

    "The automotive trading environment remains challenging globally. Against this background, it is all the more encouraging to see our China turnaround strategy and work with the local retailer network generating positive results as sales have improved in China for the fourth consecutive month," JLR Chief Commercial Officer Felix Brautigam said.

    JLR witnessed 16.2% rise in sales last month as compared with the year-ago period. It was the company's fourth consecutive month of double-digit sales growth in the region.

    The UK sales were, however, down 18.7% during the month, the company said.

    Sales were flat in North America, and down 7.9% in Europe, it added.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    This story has been published from a wire agency feed without modifications to the text.

    Catch all the Auto News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
    More Less
    Published: 12 Nov 2019, 01:46 PM IST
    Next Story footLogo
    Recommended For You
    Petrochemical Stocks
    ₹8,995.8-0.86%
    ₹4,380.45-1.4%
    ₹2,050.25-1.02%
    ₹12,426.550.62%
    ₹998.7-0.63%
    Switch to the Mint app for fast and personalized news - Get App