JLR to build new plant in Brazil? Tata Motors Sep 2013 sales decline 33%
British luxury car maker, Jaguar Land Rover is exploring Brazil to set-up a new factory. On the other hand, JLR owners, Tata Motors has revealed their Sep 2013 sales figures.Â Â During the past month, the company sold a total of 50,427 units as against 75,773 units in September 2012, which is a 33.44% decline.
Speaking to FT,Â Ralf Speth, JLRâ€™s chief executive said, â€śWe are in very intensive discussions with government and hopefully we will have a decision as soon as possible.Â Itâ€™s a very interesting market. In Brazil we have a very high market share. With Land Rover we outperform BMW and Audi, and we donâ€™t want to lose that.â€ť
Coming back to Tata Motors sales report, sales of passenger vehicles in domestic markets dipped by 40.51% and stood at 12,879 units in September. The company had sold a total of 21,652 units in the same period in 2012. Of Nano, Indica and Indigo, Tata Motors sold a total of 9,766 units while of the Sumo, Safari, Aria and Ventura range the company sales totaled 3,113 units.
Taking sales of commercial vehicles into account, sales dipped by 31.96% from 48,680 units sold in September 2012 to 33,119 units sold in September 2013. This scenario continued even where exports of Tata Motors were concerned. Exports dipped by 18.59% from 5,441 units exported in September 2012 to 4,429 units exported in the past month.