India’s passenger EV market will hot up in next 3-4 years
Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra & Mahindra and BYD are emerging players in the Indian market.
Jaguar Land Rover’s (JLR) quarterly (Q2) sales fell by 6 per cent, the company said on Tuesday.
The JLR, a part of Tata Motors, reported 5.5 per cent decline in total retail sales at 41,866 units in October as compared with the year-ago period, the company said in a statement.
Sales of Jaguar were at 10,606 units during the month, down 22.9 per cent from October 2018, Tata Motors, the statement added.
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It further said that the sales for Land Rover were at 31,260 units, up 2.4 per cent from the same month last year.
“The automotive trading environment remains challenging globally. Against this background, it is all the more encouraging to see our China turnaround strategy and work with the local retailer network generating positive results as sales have improved in China for the fourth consecutive month,” JLR Chief Commercial Officer Felix Brautigam said.
JLR witnessed 16.2 per cent rise in sales last month as compared with the year-ago period. It was the company’s fourth consecutive month of double-digit sales growth in the region.
The UK sales were, however, down 18.7 per cent during the month, the company said. Sales were flat in North America, and down 7.9 per cent in Europe, it added.
(With input from agencies)
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