Tata Motors global sales rise 6 pct in Oct, JLR up 7 pct

MUMBAI Thu Nov 15, 2012 2:30pm IST



MUMBAI Nov 15 (Reuters) - Tata Motors Ltd's global vehicle sales rose 6 percent in October from a year earlier, the Indian company said, with sales at its key Jaguar Land Rover subsidiary rising 7 percent, after falling in September for the first time in 14 months.

Tata Motors, part of the salt-to-steel Tata Group conglomerate, sold a total of 100,660 vehicles in October. Overall passenger car sales stood at 49,264 vehicles, down 5 percent from a year earlier.

Tata said 27,897 Jaguar Land Rover vehicles were sold during the month. Commercial vehicle sales rose 19 percent to 51,396. (Writing by Henry Foy; Editing by Sunil Nair)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Earnings Season