MARKET EYE-India's Tata Motors falls on 'muted' December sales

Wed Jan 16, 2013 10:50am IST

Related Topics

Stocks

   

* Shares in Tata Motors Ltd fall 2 percent after
posting lower-than-expected global vehicle sales in December,
dealers say.
* Tata Motors on Tuesday said global vehicle sales in December
fell 13.9 percent to 98,968 vehicles, although sales at its key
Jaguar Land Rover unit rose 4.2 percent to 32,282 vehicles.
 
* Tata Motors' global sales last month were "muted" after being
dragged by a "poor" performance in the domestic market, said
IndiaNivesh Securities in a report on Wednesday.

 (abhishek.vishnoi@thomsonreuters.com/;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Adani Project

Adani Project

Australia approves Adani's $16 bln Carmichael coal project  Full Article 

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Argentina Debt Default

Argentina Debt Default

Insight - Jaded Argentines brace for looming debt default   Full Article 

Anti-trust Probe

Anti-trust Probe

Microsoft targeted in apparent Chinese anti-trust probe  Full Article 

Mideast Conflict

Mideast Conflict

Israel strikes house of Hamas Gaza leader, digs in for long fight  Full Article 

Stiff Competition

Stiff Competition

China brands beat global rivals with tea toothpaste & pickled plums  Full Article 

Rising From Ashes

Rising From Ashes

With PlayStation network, Sony goes back to the future in search of revival  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage