Tata Motors globally up 46% in June

Tata Motors globally up 46% in JuneWhile the company has been able to give a tough run to players like Hyundai Motors India after it displaced the Korean auto major as the second largest passenger carmaker from the Indian market, its global sales have also been showing a favorable trend as well.

The company has recently said in a statement that its global vehicles sales rose 46 per cent in June to 91,608 units, compared with a year ago.

Moreover, the company also pointed out the fact that the figure includes its British luxury unit Jaguar Land Rover, whose sales rose 47 per cent in the month to 20,189 units.

It may be noted here that the company bought the Jaguar and Land Rover brands from Ford at a very high price as just few days after the purchase by the home-grown company, the economic slowdown hit the global economy.

However, analysts are supporting the fact that both the brands are under a recovery mode currently and if the strategies are implemented correctly, it may bring a new driver of growth for Tata Motors on the global charts.