*Tata Motors JLR Sales for April 2012 - A Big Disappointment* - JLR sales for the month of April 2012 came in at 25,143 units which is 29.4% YoY growth. But it is down 31% QoQ. In March Company sold 36,471 units. - This sales number is a huge disappointment as it is 9% lower than the Sep 2011 sales figures of 27,639 units, which was the first month of Evoque launch. - If we exclude Evoque sales figure of 8,300 units, sales are down by 13% YoY to 16,843 units in April 2012. - China which account for 25% of the sales did well with wholesale volumes growing 150% YoY. - US sales were a bit disappointing as retail volumes grew by 3% YoY. - Jaguar sales grew 17% YoY to 3,603 units in April 2012. MoM it declined 33%. - Land Rover sales grew 31.7% YoY to 21,540 units in April 2012. MoM it declined 31%. - Chery Automobile Co. Ltd. has applied for government approval to establish a joint venture with Jaguar Land Rover in China. China requires environmental reviews before allowing automakers to build new assembly plants.
* [image: TataMotors] * -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
