Tata Motors posts 13 percent sales increase in August image

Tata Motors’ global car sales rose 13 percent in August compared to the same month last year, according to the Indian company.

Sales of its Jaguar Land Rover unit also rose 13 percent, which is less than in recent months. A key driver of Tata’s recent profit growth, Jaguar Land Rover sales rose 41 percent in July, 39 percent in June and 35 percent in May.

Part of the Tata Group conglomerate, Tata Motors sold a total of 97,225 vehicles in August. Overall passenger cars sales stood at 47,141 units, up 23 percent from a year earlier, while commercial vehicle sales rose 4 percent to 50,084 units.

Last month, Tata sold 2,960 Jaguar cars and 21,100 Land Rover vehicles, accounting for more than half of the Indian company’s monthly passenger car sales, the company said in a statement on Monday.
Tata Motors has plans to invest $12 billion in Jaguar Land Rover over the next five years to win a bigger slice of the premium-car market, which is dominated by BMW, Audi and Mercedes-Benz. Tata Motors bought JLR from Ford in 2008 for $2.5 billion.