© Reuters
MUMBAI – Tata Motors (NYSE:), the Indian automotive giant, has reported a robust 27% increase in wholesales for its luxury unit, Jaguar Land Rover, during the December quarter. The surge in sales is a notable achievement, with the company successfully selling over 100,000 units.
The strong performance of Jaguar Land Rover has positively impacted Tata Motors’ stock, which has experienced a significant uptick. Investors have seen a near 10% rise in the company’s share value over the past month.
The enduring popularity of models such as the Range Rover and Defender has played a crucial role in driving demand and sales. This sustained interest from consumers has contributed to the company’s positive sales trajectory.
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