India's Tata Motors January sales down 29.5 percent
Feb 1 (Reuters) - Tata Motors Ltd's vehicle sales in January: Jan 2013 Jan 2012 pct change TOTAL SALES 61,660 87,465 -29.5 PASSENGER SALES 57,780 80,382 -28.1 EXPORTS 3,880 7,083 -45.2 NOTE: Tata Motors makes both commercial vehicles and passenger cars, including the ultra-cheap Nano. The figures exclude sales by the company's British Jaguar and Land Rover businesses.
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The recent market correction was overdue. A further correction would be an opportunity for those who missed the rally in the past few months. The markets could get a reality check next year and consolidate before the next big movement. I still believe PM Modi will not fritter away his mandate and deliver on his promise, albeit with a delay, writes Ambareesh Baliga. Article