Tata Motors hits slow lane globally, sales down 1.71% in June

Tata Motors' forex losses have raised a red flag on Indian firms

Tata Motors' forex losses have raised a red flag on Indian firms

 

  Tata Motors today reported 1.71 per cent decline in global sales in June at 90,966 units, including that of Jaguar Land Rover (JLR) vehicles.

The company had sold 92,551 units in June 2016, Tata Motors said in a statement.

In the passenger vehicles category, global sales stood at 60,725 units last month as against 59,831 units during the same period in 2016, a growth of 1.5 per cent.

Sales of luxury brand Jaguar Land Rover were up 4.7 per cent to 49,422 units in June as compared to 47,197 units in the same month of 2016.

Tata Motors said sales of its commercial vehicles declined by 7.57 per cent to 30,241 units as against 32,720 units in the year-ago month.