Car manufacturer Tata Motors, on Wednesday, announced Jaguar Land Rover (JLR) April sales numbers. The company’s sale declined over 16 percent to 4,722 units as compare to 5,643 units in the same month last year.
Last month, the company announced its EV transformation plans with a GBP 15 billion investment over 5 years. The company’s 5-year plan focused on EVs, autonomous, AI & Digital tech. the company also revealed that it will roll out its first all-electric Range Rover in 2025.
During the same month, Tata Motors’ announced JLR’s Q4 sales numbers. The company saw a growth of 24 percent in wholesales (excluding China JV) to 94,649 units year-on-Year. Its order book stood tall at 2 lakh units.
The company also said that JLR sales rose in Q4 as chip supply continued to recover. While, its order book remained strong as it reflected higher retails in Q4.
In March, JLR UK Sales were up 44 percent to 13,200 units against 9,173 units in the same month last year.
In March, Tata Motors’ JLR India operations President & MD Rohit Suri retired.
The stock of Tata Motors were trading with a gain of over 1.3 percent at Rs 481.10 apiece at 2:40 pm.
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