JLR aims to sell 100,000 cars in China this year

Jaguar Land Rover , a unit of India's biggest truck and bus maker Tata Motors , aims to sell 100,000 cars in China this year, its Chief Executive Ralf Speth told reporters on Wednesday.

Earlier on Wednesday, Tata Motors posted a 23% fall in quarterly profit as higher sales of its luxury Jaguar Land Rover vehicles failed to offset sagging sales at home.

Tata Motors, part of the $100 billion Tata group, said consolidated net profit for the quarter ended in June was Rs 1726 crore, compared with Rs 2245 crore a year ago.