Tata Motors JLR Sales for April 2012 – A Big Disappointment


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.

TataMotors

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