September 11, 2013 / 9:54 AM / 4 years ago

Tata Motors August global wholesales down 16 percent

Sept 11 (Reuters) - Tata Motors Ltd’s global wholesale vehicle sales fell an annual 16 percent in August, the company said on Wednesday, hit by a drop in passenger vehicle sales at India’s largest automaker by revenue.

Tata Motors, part of steel-to-software Tata Group conglomerate, sold 81,457 vehicles in August. Global wholesale for passenger cars fell about 8 percent from a year earlier to 43,474, the company said.

Global wholesale of its luxury Jaguar Land Rover brand, which Tata Motors purchased for $2.3 billion in 2008, stood at 30,895 in the last month, a rise of 28 percent from a year earlier.

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