Free stock tips - Today, Tata Motors shares fell 3.9 percent intraday today on constant weakness in Jaguar Land Rover (JLR) August sales.
Jaguar Land Rover, the UK's leading manufacturer of premium luxury vehicles, reported August 2015 retail sales of 29,327 vehicles, down 3 per-cent year-on-year," said that the subsidiary of Tata Motors.Land Rover sales diminish 5 per-cent to 23,992 vehicles while Jaguar sales multiply by 5 per-cent to 5,335 vehicles at the time of same period.
Jaguar sales were strengthen by all-new XE sports saloon, launched in May month, along with the F-TYPE.
Year-to-date sales growth in Europe was 19 percent, 18 percent in UK and 14 percent in North America, whilst China went 29 per-cent down & the overseas region down 11 percent.
Sales in China were down due to slowing economic conditions, model transitions of Range Rover Evoque & Discovery Sport, run out phase of Jaguar XF & XJ in advance of upcoming launches, and Tianjin port explosion on August 12 (which affected up to 5,800 imported Jaguar Land Rover vehicles).
Jaguar Land Rover, the UK's leading manufacturer of premium luxury vehicles, reported August 2015 retail sales of 29,327 vehicles, down 3 per-cent year-on-year," said that the subsidiary of Tata Motors.Land Rover sales diminish 5 per-cent to 23,992 vehicles while Jaguar sales multiply by 5 per-cent to 5,335 vehicles at the time of same period.
Jaguar sales were strengthen by all-new XE sports saloon, launched in May month, along with the F-TYPE.
Year-to-date sales growth in Europe was 19 percent, 18 percent in UK and 14 percent in North America, whilst China went 29 per-cent down & the overseas region down 11 percent.
Sales in China were down due to slowing economic conditions, model transitions of Range Rover Evoque & Discovery Sport, run out phase of Jaguar XF & XJ in advance of upcoming launches, and Tianjin port explosion on August 12 (which affected up to 5,800 imported Jaguar Land Rover vehicles).
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