Post by ronnv on Feb 15, 2011 12:16:40 GMT -5
Feb 15 (Reuters) - India's Tata Motors Ltd (TAMO.BO) said on Tuesday its global vehicle sales rose 16 percent in January to 98,998 units.
Jaguar and Land Rover sales rose 25 percent to 20,377 units, driven by a 30-percent rise in Land Rover sales. Tata bought the British luxury brand unit JLR from Ford Motor Co (F.N) for $2.3 billion in 2008.
Tata Motors, part of India's salt-to-software conglomerate Tata group, on Friday said surging sales at its luxury Jaguar and Land Rover unit helped quadruple third-quarter profit.
Tata, whose range includes utility vehicles, cars and the Nano, touted as the world's cheapest car, pledged to lift prices aggressively to offset rising raw material costs. [ID:nSGE71D00L] (Reporting by Neha Singh; Editing by Jui Chakravorty) ((neha.singh@thomsonreuters.com; +91 22 66369251; Reuters Messaging:neha.singh.reuters.com@reuters.net))
Jaguar and Land Rover sales rose 25 percent to 20,377 units, driven by a 30-percent rise in Land Rover sales. Tata bought the British luxury brand unit JLR from Ford Motor Co (F.N) for $2.3 billion in 2008.
Tata Motors, part of India's salt-to-software conglomerate Tata group, on Friday said surging sales at its luxury Jaguar and Land Rover unit helped quadruple third-quarter profit.
Tata, whose range includes utility vehicles, cars and the Nano, touted as the world's cheapest car, pledged to lift prices aggressively to offset rising raw material costs. [ID:nSGE71D00L] (Reporting by Neha Singh; Editing by Jui Chakravorty) ((neha.singh@thomsonreuters.com; +91 22 66369251; Reuters Messaging:neha.singh.reuters.com@reuters.net))
