Don’t miss the latest developments in business and finance.

JLR reports third decline in sales in four months

Sales in China, biggest market for JLR contributing 29% of worldwide sales, fell 7.6%

BS Reporter Mumbai
Last Updated : Feb 12 2015 | 4:55 PM IST

Retail sales of Tata Motors-owned Jaguar Land Rover fell for the third time in four months as demand in China and UK, its two biggest markets, continued to come under pressure.

In January JLR marked its sharpest dip of the year with retails falling 5% to 37,137 units as compared to 39,106 units sold in the same month last year.

Sales in China, the biggest market for JLR contributing 29% of worldwide sales, fell 7.6% during the reporting month.

Sales of Jaguar dipped 21% at 5,505 units while that of Land Rover fell by 1.5% to 31,632 units during January.

Also Read

First Published: Feb 12 2015 | 4:30 PM IST

Next Story