Tata Motors and JLR sales for May 2014
Tata Motors Group has reported a 5.14% drop in global wholesales during the month of May 2014 as against May 2013 when the company sold 81,783 units. Tata Motors global wholesales which includes Jaguar Land Rover dropped to 77,575 units in May 2014.
Global wholesales of all commercial vehicles with includes the Tata, Tata Daewoo and Tata Hispano Carrocera range stood at 29,161 units while wholesales of passenger vehicles were at 48,414 units during the past month, an increase of 12.2% over 43,142 units sold in May 2013.
Taking global wholesales of Tata passenger vehicles into account, a total of 9,416 units were sold in May 2014 while global wholesales of Tata Motorâ€™s British luxury car unit Jaguar Land Rover stood at 38,998 units up 24.85% as against 31,210 units sold in the same month last year. Jaguar wholesales in May were at 6,848 units while 32,150 units accounted for Land Rover wholesales in the same month.
Speaking of the companyâ€™s performance in May 2014, Andy Gross, Director, Global Sales Operations at Jaguar Land Rover stated that there was increased demand for models across range from international markets. It was noted importance to the F Type convertible, launch of Coupe and supported sales from Jaguar that added momentum to sales in May while Land Rover, Range Rover Sport and Evoque also performed well delivering impressive sales during the month.
Consolidated net profits of Tata Motors declined by 0.7% to INR 3918.29 crores on 15.9% growth in net sales, to INR 64715.81 crores in Q4 March 2014 as against that of Q4 March 2013.
Tata Motors Group global wholesales at 77,575 in May 2014
The Tata Motors Group global wholesales in May 2014, including Jaguar Land Rover, were 77,575 nos. Cumulative wholesales for the fiscal were 152,601 nos.
Global wholesales of all commercial vehicles â€“ Tata, Tata Daewoo and the Tata Hispano Carrocera range — were 29,161 nos. Cumulative commercial vehicles wholesales for the fiscal were 56,215 nos.
Global wholesales of all passenger vehicles in May 2014 were 48,414 nos. Cumulative passenger vehicles wholesales for the fiscal were 96,386 nos.
Global wholesales of Tata passenger vehicles in May 2014 were 9,416 nos. Cumulative wholesales for the fiscal were 17,251 nos.
Global wholesales for Jaguar Land Rover were 38,998 vehicles. Jaguar wholesales for the month were 6,848 vehicles and cumulative wholesales were 12,552 vehicles, while Land Rover wholesales for the month were 32,150 vehicles and cumulative wholesales were 66,583 vehicles. Cumulative wholesales for Jaguar Land Rover for the fiscal were 79,135 vehicles.
JAGUAR LAND ROVER REPORTS A SOLID SALES PERFORMANCE IN MAY
Â· Jaguar Land Rover delivers strong May sales performance retailing 38,831 vehicles, up 20%
Â· Jaguar sells 6,450 vehicles in May, up 4%
Â· Land Rover sells 32,381 vehicles in May, up 23%
Â· Calendar year to date Jaguar Land Rover sells 200,778 vehicles, up 14%
Jaguar Land Rover, the UK’s leading manufacturer of premium luxury vehicles delivered a strong sales performance in May, retailing 38,831 vehicles in the month, up 20% versus the same period last year. Calendar year to date, Jaguar Land Rover has sold 200,778 vehicles, up 14%.
Jaguar Land Roverâ€™s regional performance in May was as follows: the China Region up 53%, North America up 19%, the UK up 15%, Asia Pacific up 11%, and Europe up 8%. Sales in overseas markets were in line with prior year. The same trend is reflected in the first five months of the year with sales up 46% in the China Region, 15% in North America, 15% in Asia Pacific, 4% in Europe and 3% in the UK.
Commenting on the May performance Andy Goss, Jaguar Land Rover Group Sales Operations Director said: â€śThis has been another solid month for Jaguar Land Rover with continued strong demand for models across the range in our international markets. The continued success of F-Type convertible, coupled with the launch of Coupe, has supported Jaguar sales momentum. For Land Rover, the Range Rover Sport and Evoque continue to deliver impressive sales performance.â€ť
In May, Jaguar sold 6,450 vehicles, up 4%. Jaguarâ€™s regional performance was as follows: the China Region up 37%, the UK up 7% and Asia Pacific up 3%. Sales in Europe and North America were lower year on year.
Calendar year to date, Jaguar sold 35,992 vehicles, up 16% with regional performances as follows: the China Region up 49%, North America up 16%, the UK up 10% and Asia Pacific up 7%. Europe sales were lower year on year and other overseas markets were up 7%.
In May, Land Rover sold 32,381 vehicles, up 23% with strong performances across the range. Land Roverâ€™s regional performance was as follows: the China Region up 57%, North America up 29%, the UK up 17%, Asia Pacific up 14% and Europe up 13%. Other overseas markets were flat.
Calendar year to date, Land Rover sold 164,786 vehicles up 13%. Regional performances were as follows: the China Region up 45%, Asia Pacific up 17%, North America up 15%, Europe up 6% and the UK up 1%.