 "JLR's UK and Europe sales dropped 12 per cent and 5.3 per cent, respectively, in 2017-18, against a year ago")
Shares of Tata Motors hit an eight-month high of Rs 199, up 3 per cent on the BSE on Friday after its UK arm Jaguar Land Rover (JLR) reported retail sales of 52,814 vehicles for December 2019, up 1.3 per cent from the previous year. The stock of Tata Group commercial vehicles major was trading at its highest level since May 7, 2019.
“For the month of December, JLR retail sales were boosted by China (up 26.3 per cent year-on-year), a sixth successive month of double-digit growth. This offset lower sales in North America (-1 .1 per cent), UK
“For the month of December, JLR retail sales were boosted by China (up 26.3 per cent year-on-year), a sixth successive month of double-digit growth. This offset lower sales in North America (-1 .1 per cent), UK
