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JLR retail sales up 12 pc in Q4, continuing recovery from Covid-19 impact


JLR retail sales up 12 pc in Q4, continuing recovery from Covid-19 impact
ANI |
Updated: Apr 13, 2021 14:52 IST
Whitley [UK], April 13 (ANI): Tata Motors said on Tuesday its British luxury unit Jaguar Land Rover (JLR) achieved retail sales of 123,483 vehicles in Q4 fiscal 2020-21, 12.4 per cent higher than the same quarter last year.
China sales were up 127 per cent compared to a year ago when that market was heavily impacted by Covid-19. Sales in North America were also up year-on-year (plus 10.4 per cent) while other regions remain lower than pre-Covid levels, including overseas markets (minus10 per cent), the UK (minus 6.8 per cent) and Europe (minus 4.9 per cent). ....

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Tata Motors shares jump 6% after retail sales at Jaguar Land Rover rise


Shares of Tata Motors on Tuesday jumped nearly 6 per cent after the company-owned Jaguar Land Rover (JLR) reported a 12.4 per cent rise in retail sales to 1,23,483 units in the fourth quarter of 2020-21.
The stock gained 5.62 per cent to close at Rs 302.70 on BSE. During the day, it jumped 6.24 per cent to Rs 304.50.
At the NSE, it surged 5.68 per cent to close at Rs 302.85.
In traded volume terms, 78.13 lakh shares were traded on BSE and over 11.68 crore shares on NSE during the day.
Stating that there is continuing recovery from the impact of COVID-19, JLR said its sales in China in Q4 were up 127 per cent compared to the year-ago period, when that market was heavily affected by the pandemic. ....

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