Tata Motors Group along with Jaguar Land Rover reported growth to the tune of 8% in December when sales stood at 85,742 units as compared to sales in the same month of the previous year. However, cumulative wholesales were lower by 5% at 713,530 as compared to the previous fiscal. Tata Motors begins the year with the launch of its all new sporty hatchback in Bolt on 22nd January.
During December 2014, 4% growth was also reported by Tata Motors commercial vehicles and Tata Daewoo range where global wholesales were concerned, which stood at 30,597 units as compared to December 2013. Correspondingly, an 18% drop in cumulative commercial vehicle wholesales for this fiscal was reported when sales stood at 277,215 units over the last fiscal. Sales of passenger vehicles during December 2014 stood at 55,145 units, up 11% over global wholesales in the same month of the previous year while cumulative passenger vehicle wholesales for the fiscal experienced a 4% growth over the last fiscal, to 436,315 units