New Delhi: India's largest commercial vehicles maker Tata Motors Ltd Friday reported a 12% on-year rise in its global sales to 96,089 units in May, on account of a 35% surge in the sales of its British luxury carmaking unit Jaguar Land Rover (JLR).
Passenger vehicles sales rose 21% on-year to 51,064 units in the month, including sales of passenger vehicles of its JLR unit, Tata Motors said.
Of the total passenger vehicles sales, JLR sales rose 20% to 30,094 units in the month as against 25,143 units it sold in April driven by sales of the Range Rover Evoque, launched last year, and the 12MY Jaguar product.
While sales of luxury sedans of Jaguar brand grew 3% in May on-year to 4,342 units, Land Rover sales increased 42% on-year to 25,752 units.
Sales of other passenger vehicles were at 20,970 units in May, up 6% from the same month last year.
Further, the sales of commercial vehicles including that of Tata, Tata Daewoo and the Tata Hispano Carrocera range increased 3% on-year to 45,025 units.
In April, the British car making unit's sales fell 31% on-month, due to global economic uncertainty primarily emanating from the Euro zone debt crisis. However, the company expects to offset the economic slump in Europe with demand for its vehicles from its key market China.
JLR's sales in China contributed to 17.3% of JLR's wholesale volumes in the fiscal ended March 31, 2012, up from 11.3% in the last fiscal.
Tata Motors had acquired JLR in 2008 for about $2.3 billion.
Shares of Tata Motors closed at Rs 240.05, up 5.75%, on the Bombay Stock Exchange today.
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