Mumbai:
On Wednesday, Tata Motors recorded a 10.3 percent increase in global sales at 87,414
units including Jaguar Land Rover (JLR) last month.
In May
2015, Tata Motors sold 79,244 units. In the passenger vehicles category, global
sales stood at 55,039 units last month as against 50,181 units in May 2015, up
9.68 per cent. Sales of luxury brand Jaguar Land Rover increased by 18.84 per
cent to 46,204 units last month as compared to 38,879 units in May 2015. Sales
of commercial vehicles in May rose 11.39 per cent to 32,375 units from 29,063
units in the year-ago month.
Sales of
commercial vehicles in May rose 11.39 per cent to 32,375 units from 29,063
units in the year-ago month.
Tata
Motors Limited (formerly TELCO, short for Tata Engineering and
Locomotive Company) is an Indian multinational automotive manufacturing
company headquartered in Mumbai, Maharashtra India, and a subsidiary of
the Tata Group. Its products include passenger cars, trucks, vans,
coaches, buses, construction equipment and military vehicles. It is the world’s 17th largest motor
vehicle manufacturing company, fourth-largest truck manufacturer, and
second-largest bus manufacturer by volume. It was founded in 1945. Tata Motors
is listed on the Bombay Stock Exchange (BSE) where it is a constituent of
the BSE Sensex index, the National Stock Exchange of India and
the New York Stock Exchange Tata Motors is ranked 287th in the 2014 Fortune Global 500 ranking of
the world's biggest corporations. Guenter Butschek serves as the MD and CEO for
Tata Motors.
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