Recently in accordance to the company, Tata Motors Ltd’s global sales (including Jaguar Land Rover) suddenly plunged by 10% to 73,524 units in August from a year ago respectively.
However, the sales were dropped down by a 19% reduction in Tata Motors’ commercial vehicles alongside the Tata Daewoo range, for which the joint sales cut down to 30,536 units from 37,983 units at par.
Similarly, overall passenger vehicles sales were flat at 42,988 units next to 43,474 units a year ago as per the company, Tata Motors’ branded passenger vehicles in August were also down 10% to 11,338 units in counts.
On the other side, sales of Jaguar Land Rover increased marginally to 31,650 units against 30,895 units in last year. Whereas, BSE noted Tata Motors’ shares fell 0.82% to Rs.512.25. Nonetheless, the exchange’s benchmark Sensex shed 0.9% to 26,816.56 points relatively on side.