Tata Motors global sales up 7% in December; shares down 1%
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On Monday, Tata Motors reported 7% increase in its global sales including that of Jaguar Land Rover (JLR) vehicles at 91,762 units in December 2015. The company had sold 85,742 units in December 2014, Tata Motors said in a statement.
In the passenger vehicles category, the global sales increased by 8% to 59,287 units last month as against 55,145 units in December 2014, the statement said.
On Tuesday, at 1054 hours, the shares of the Tata Motors were trading down 1.30% or Rs 4.70 at Rs 355.95 per scrip intraday on the BSE.
Sales of luxury brand Jaguar Land Rover rose 18.64% to 50,972 units last month as compared to 42,962 units in December 2014.
The company's sales of commercial vehicles in December were up 6% to 32,475 units from 30,597 units a year ago.
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