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.

Tata Motors and JLR sales for May 2014Global 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 Motor’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.

Jaguar Land Rover BhubaneshwarSpeaking of the company’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.