With a tough festive season in 2018, followed by a slowdown in the domestic markets and the whole uncertainties with regards to Brexit and the sanctions on Chinese markets, Tata Motors Group ended the year on a disappointing note.
The Tata Motors Group global wholesales in December 2018, including Jaguar Land Rover, were at 100,551 units, lower by 13.9 percent, as compared to December 2017.
Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in December 2018 were at 40,653 units, lower by 14 percent over December 2017.
Global wholesales of all passenger vehicles in December 2018 were at 59,898 units, lower by 14 percent, compared to December 2017.
Global wholesales for Jaguar Land Rover were 45,474 vehicles (JLR number for December 2018 includes CJLR (the JV between JLR and the Chinese company Chery) volumes of 5,007 units). Jaguar wholesales for the month were 14,088 vehicles, while Land Rover wholesales for the month were 31,386 vehicles.
Also read: Jaguar Land Rover confirms 4500 job losses as part of 'transformation plan'
JLR sells 592,708 vehicles in 2018, down 4.6%