Jaguar UK sales declined 15.5% to 1,049 units, while Land Rover's sales fell 23.8% to 1,677 units.
The co's US JLR sales dipped 9.8% to 8,700 units. Here, Jaguar's sales dropped 13.8% at 2,128 units, while Land Rover's sales fell 8.5% to 6,572 units.
Tata Motors' British arm JLR reportedly disclosed plans of launching 30 new or revamped vehicles in China in the next two years, according to Reuters. JLR added that the models would include imported ones and products built by Chery Jaguar Land Rover, its local JV with Wuhu-based carmaker Chery Auto.
Meanwhile, auto stocks climbed in afternoon trade on Thursday following the Transport Minister's comments that the government was mulling a reduction in the goods and services tax (GST) rate on hybrid vehicles.
Tata Motors Ltd is currently trading at Rs115.95 up by Rs6.45 or 5.89% from its previous closing of Rs109.50 on the BSE.
The scrip opened at Rs110 and has touched a high and low of Rs116.90 and Rs109.50 respectively. So far 6,35,22,406 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs34,156.44cr.
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