Friday, January 15, 2010
Tata Motors sees huge sales jump
Tata Motors says it sold 74,707 vehicles around the world in December, a rise of 84% from a year earlier.
Sales of commercial vehicles were 137% higher, at 37,326, and car sales were 51% higher in December 2009 compared with December 2008.
India's largest vehicle maker also said sales of Jaguar and Land Rover, which are owned by Tata, rose 33% on the year to 21,134 vehicles.
The figures caused shares in Tata Motors to rise 1.8% to 796.70 rupees.
Tata Motors has operations in the UK, South Korea, Thailand and Spain and is the world's second-largest bus manufacturer.
It also makes the Tata Nano, which is the world's cheapest car.
DATED: 15.01.10
FEED: GG