Tata Motors has released a press release detailing its group global sales for the month of August. The details below will again prove how much Tata Motors id dependant on its British premium brands Jaguar and Land Rover. Ratan Tata Is laughing his way to the bank now after facing severe criticism for buying Jaguar and Land Rover for a price that was considered high.
Here are the excerpts of Tata Motors' latest press release
The Tata Motors Group global wholesales, including Jaguar Land Rover, were 97,225 units, in August 2012, higher by 13% over August 2011. Cumulative wholesales for the fiscal are 475,381, higher by 11%, compared to the corresponding period in 2011-12.
Global wholesales of all commercial vehicles - Tata, Tata Daewoo and the Tata Hispano Carrocera range -- were 50,084 units, in August 2012, higher by 4%, over August 2011. Cumulative wholesales for the fiscal were flat at 228,785 units
Global wholesales of all passenger vehicles were at 47,141 units in August 2012, higher by 23%. Cumulative wholesales for the fiscal are 246,596 units, higher by 20%.
Global wholesales of Tata passenger vehicles were at 23,081 units, for the month, higher by 35%, over August 2011. Cumulative wholesales for the fiscal are at 112,163 units, higher by 10%.
Global wholesales of Jaguar Land Rover in August 2012 were at 24,060 vehicles, higher by 13% over August 2011. Cumulative wholesales of Jaguar Land Rover for the fiscal are 134,433 units, higher by 31%. Jaguar wholesales for the month were 2,960 vehicles and cumulative wholesales were at 18,798 vehicles, while Land Rover wholesales in August 2012 were 21,100 vehicles and cumulative wholesales were 115,635 vehicles.