 "JLR, Range Rover SVAutobiography Dynamic, car")
Shares of Tata Motors were down 5% at Rs 185 on the BSE after the company’s British arm Jaguar Land Rover (JLR) total retail sales fell 4.6% year-on-year (Y-o-Y) at 44,282 vehicles in October.
JLR’s sales in China decreased by 49% Y-o-Y as market conditions remain challenging amid tariff changes and continued trade tensions with the US, which are impacting consumer confidence and automotive purchases. Sales also declined in Europe (13.5%) due to ongoing diesel uncertainty and sales were 4% lower year on year in overseas markets, the company said in a statement.
Retail sales rose significantly in
JLR’s sales in China decreased by 49% Y-o-Y as market conditions remain challenging amid tariff changes and continued trade tensions with the US, which are impacting consumer confidence and automotive purchases. Sales also declined in Europe (13.5%) due to ongoing diesel uncertainty and sales were 4% lower year on year in overseas markets, the company said in a statement.
Retail sales rose significantly in
