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Indian-Commodity  :  Corporate  :  Tata Motors' arm reports 26% jump in August retail sales

Tata Motors' arm reports 26% jump in August retail sales (07-Sep-2016)

Tata Motors' subsidiary -- Jaguar Land Rover (JLR) has reported its best ever August retail sales of 36,926 vehicles, up 26% compared to August 2015. The month's performance has been driven by strong sales of the Land Rover Discovery Sport, the Jaguar F-PACE and XE. Jaguar Land Rover sold 372,978 vehicles in the first eight months of 2016, 24% up on the same period in the prior year.

Jaguar Land Rover has delivered particularly solid performances in North America and Europe with retail sales increasing by 45% and 37% respectively compared to the previous year. Retail sales were 36% up in China, 3% down in the UK, and 2% down in other overseas markets.

Jaguar recorded its best August ever, delivering 10,868 vehicles, up 104% on the previous year, reflecting the strong launch of the F-PACE as well as continued solid sales of the XE.

Land Rover strengthened its position as a world-leading manufacturer of all-terrain SUVs, with its strongest August sales of 26,058 vehicles, up 9% year-on-year. The strong sales were led by the Discovery Sport, retailing 7,053 vehicles.


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