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

Wed Jan 16, 2013 10:50am IST

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* 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)
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