Tata Motors global wholesales down 5% in March 2019

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Global wholesales of Tata Motors Group, including Jaguar Land Rover, declined 5% in March this year. The group sold 1.45 lakh vehicles during the month.

Last week, Tata Motors had announced that its domestic retail sales had dropped by 1%, or 700 units, to 68,709 owing to ‘weaker consumer sentiments’.

In the wholesale numbers, commercial vehicles fared better than passenger vehicles as their sales increased by 1% in March, including contributions from Tata Daewoo.

However, continuing the poor sales trend seen in recent months, passenger vehicle numbers fell 9% in wholesales.

In all, Tata Motors sold 57,163 commercial vehicles and 88,314 passenger vehicles via the wholesale channel during the month.

Within the 88,314 passenger vehicles were 20,895 Jaguar cars and 49,186 Land Rover vehicles.

The JLR numbers for March 2019 includes 4,812 units sold by CJLR, a joint venture between JLR and Chery Automobiles in China and an unconsolidated subsidiary for JLR.

Part of the $100 billion Tata Group, Tata Motors has its operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 109 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

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